The Presidency has clarified Governor Seyi Makinde’s claim that the Federal Government is withholding N250 billion in NLNG dividends for each state of the federation, saying his view is false.
At the centre of the escalating dispute is Makinde's claim that each state was expecting ₦250 billion from NLNG dividends but that the Federal Government had decided to withhold the money until after the 2027 general election — an allegation the Presidency says “defies basic logic and economic reality.”
President Bola Tinubu has urged NLNG to increase domestic gas utilisation and ensure Nigeria’s gas wealth translates into more affordable cooking gas.
NLNG says 100 percent of its cooking gas production already goes to the Nigerian market and...
Nigeria LNG Limited has generated about ₦204.2 trillion ($149.6 billion) in revenue since inception and remitted approximately ₦14.74 trillion ($10.8 billion) in taxes since becoming tax compliant in 2009, while also paying $47.2 billion in dividends to shareholders.
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June 28 (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed commitment to deepen the existing close collaboration between the agencies towards enhancing in-country value addition from operations of the gas processing...
December 13, (THEWILL) — Nigeria LNG Limited (NLNG) has appointed Engr. Leye Falade as its new Managing Director and Chief Executive Officer.
Industry sources familiar with the development, told THEWILL that Falade’s appointment was ratified on Thursday by...
November 30, (THEWILL) — Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Management Board the (NCDMB) have engaged in productive discussions towards collaboration in support of NLNG’s planned revamp and enhancement of key operational facilities in Trains...
September 15, (THEWILL) — NLNG is stepping up its commitment to cutting methane emissions by integrating prevention strategies into its facility designs, enhancing current infrastructure, and launching advanced technologies.
Managing Director and CEO Philip Mshelbila emphasized the need for collective...
November 17, (THEWILL) - On Tuesday, NLNG, in Port Harcourt, Rivers State, kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project, a major NC programme aimed at re-skilling young graduates...
October 27, (THEWILL) – For two consecutive Fridays this month, journalists mainly on the Arts beat in media houses in Lagos literarily had their hands full. And the source of that bountiful harvest (of cash prizes, laptops, Samsung Galaxy...