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NASS to probe partnership, joint venture deals by NNPCL, NLNG, Immigration

While some agencies have defended their partnership agreements as necessary for attracting investment, the national assembly says the country is being cheated.   Nigeria has long grappled with the challenge of revenue mobilisation, a critical factor for achieving fiscal sustainability. Reports have it that critical agencies such as the Nigerian National Petroleum Company Limited (NNPCL), Nigerian Liquefied Natural Gas (NLNG), and Nigerian Immigration Services (NIS) engage in Public-Private-Partnerships (PPPs) and Joint Venture Agreements (JVAs) that disproportionately...

Train 7 gas project: We have reached 67 percent completion – NLNG

The Train 7 project is a strategic initiative aimed at supporting the diversification of the country’s revenue sources and revenue generation during the energy transition. The Nigeria Liquified Natural Gas (NLNG) Limited has announced that the Train 7 gas project on Bonny Island, Rivers State, has reached 67 percent completion. The company accordingly reassured of its commitment to delivering economic benefits through the completion of the project. The company’s General Manager, External Relations and Sustainable...

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