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FG Plans to Sell 5% of its NLNG Shares …insists on repurchase option

The Federal Government is planning to sell at least five per cent of its shares in the Nigeria Liquefied Natural Gas company. Impeccable sources in the Presidency told the Punch that the move had become necessary as part of efforts to revive the ailing economy. A...

RMAFC Disagrees with Dangote on Sale of NLNG

The Revenue Mobilization Allocation and Fiscal Commission has disagreed with Aliko Dangote on the sale of Nigerian Liquefied Natural Gas (NLNG) and other Federation Assets he proposed during an interview with a cable Television, the CNBC Africa as a way of augmenting the current...

NLNG Raises Govt Revenue by $26bn in Five Years

The Nigeria LNG Limited says it has contributed more than $26bn to government revenue in the last five years. The Managing Director of the company, Mr. Tony Attah, disclosed this in Abuja when he met with the Minister of Information and Culture, Alhaji Lai Mohammed. He...

NLNG Invests $12m to Boost Research, Engineering in Six Varsities‎

The Nigeria Liquefied Natural Gas (NLNG) has invested a total of $12 million in six Nigerian universities as part of efforts to develop research and engineering in the institutions. It said the investment was part of its social responsibility to the universities to build a...

Tony Attah Replaces Omotowa as New NLNG Boss

The Nigeria Liquefied Natural Gas Limited (NLNG) has appointed Tony Attah, as its Managing Director and Chief Executive Officer. He takes over from Babs Omotowa, who has been in office since December 2011. In a statement signed by the NLNG General Manager, External Relations, Kudo Eresia-Eke, the...

NLNG Inaugurates $2m Centre for UNILORIN

Nigeria LNG Limited (NLNG) has inaugurated its $2 million Engineering Research Centre at the University of Ilorin (UNILORIN). The centre is part of gas giant’s $12 million University Support Programme (USP). So far, NLNG has inaugurated four laboratories in varsities. The based at the Ahmadu Bello...