The Nigerian LNG Limited has said none of its accounts is being investigated by the Economic and Financial Crimes Commission or any other anti-graft agency. The NLNG said this in a statement signed by its General Manager, External Relations Division, Mr. Kudo Eresia-Eke. It said it...

...Corporation got $12.9bn from NLNG, remitted nothing The Nigeria Extractive Industries Transparency Initiative has accused the Nigerian National Petroleum Corporation of not remitting $3.8bn (about N748.6bn at the current official rate of N197 to a dollar) and N358.3bn to the Federation Account in 2013 in...

Nigeria may have lost $3.3 billion on the Nigerian Liquefied Natural Gas, NLNG, project as a result of the 10-year tax holiday granted during the implementation of the project, a study has indicated. A study carried out by the Netherlands-based Stichting Onderzoek Multinationale Ondernemingen, SOMO,...