RateCaptain
  • FX Rates
  • Commodities
  • Money Market
  • Cryptocurrency
  • Corporates
  • Contact Us
No Result
View All Result
Subscribe
  • FX Rates
  • Commodities
  • Money Market
  • Cryptocurrency
  • Corporates
  • Contact Us
No Result
View All Result
Rate Captain
No Result
View All Result
Home Business

Buhari inaugurates $10 billion NLNG train 7 contsruction, warns against delay

Rate Captain by Rate Captain
June 16, 2021
in Business
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

President Muhammadu Buhari, on Tuesday, flagged off the construction of the $10 billion Nigeria Liquefied Natural Gas (NLNG) train 7 project, asking for timely completion of the project.

Buhari, who performed the inauguration virtually from the Presidential Villa Abuja, said the early completion of the project located in Bonny Island, Rivers State, would see to the commencement of Train 8.

AlsoRead

Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

The World Bank Says Continued Development Finance Interventions Weakens CBN’s Control over Inflation

The mother of all economic crisis may be on its way

The President, while speaking during the groundbreaking ceremony, urged the Board of Directors, Management and Staff of NLNG, the host communities, the Rivers State Government, and other agencies of the Federal Government to continue to collaborate and ensure that the completion and eventual commissioning of the Train 7 project would be safe and on time.

Buhari said, ”As we flag off the Train 7 project today, I look forward to the development and execution of more gas projects by the International Oil Companies (IOCs) and indigenous operators, and more Trains from NLNG to harness the over 600 trillion cubic feet of proven gas reserves we are endowed with.

”Let me use this opportunity to commend the shareholders of NLNG, the Federal Ministry of Petroleum, NNPC and the NCDMB and other stakeholders for very exemplary collaboration which has culminated in this great opportunity for Train 7.

“I want to thank the foreign investors for the confidence reposed in Nigeria, and assure all Nigerians and potential investors in the Oil and Gas sector that the Federal Government will continue to create the enabling environment in order to develop the sector and bring the full benefits of Gas closer to our people.’’

Previous Post

Crude oil nears $75 amidst rising demand

Next Post

Travellers to access $4,000 as CBN boosts forex supplies

Related News

Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

by Rate Captain
June 27, 2022
0

Analysts at Chapel Hill Denham Securities have stated that at full operational capacity, the Dangote Refinery can supply the domestic...

World Bank say CBN’s policies continues to damage Nigeria’s business environment

The World Bank Says Continued Development Finance Interventions Weakens CBN’s Control over Inflation

by Rate Captain
June 27, 2022
0

  The World Bank has stated that the CBN’s continued development finance intervention in the private sector propels inflation and...

The mother of all economic crisis may be on its way

The mother of all economic crisis may be on its way

by Rate Captain
June 23, 2022
0

Going by the data from the National Bureau of Statistics Nigeria’s inflation rate for the month of May stands at...

Fuel Scarcity Bites Harder in Lagos, Petrol Now Sells for N180 per Lite.

Fuel Scarcity Bites Harder in Lagos, Petrol Now Sells for N180 per Lite.

by Rate Captain
June 22, 2022
0

Fuel scarcity worsens in Lagos state as more filling stations shut their pumps to motorists and other customers. This persisting...

Next Post

Travellers to access $4,000 as CBN boosts forex supplies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

June 27, 2022
Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

June 27, 2022

Popular Story

  • World Bank say CBN’s policies continues to damage Nigeria’s business environment

    The World Bank Says Continued Development Finance Interventions Weakens CBN’s Control over Inflation

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Can Ease Nigeria’s Fiscal Pressure

    0 shares
    Share 0 Tweet 0
  • Interpol, Kenya Government Probe Three Nigerian Fintech Tycoons over N128 Billion from Nigeria

    0 shares
    Share 0 Tweet 0
  • Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

    0 shares
    Share 0 Tweet 0
  • The mother of all economic crisis may be on its way

    0 shares
    Share 0 Tweet 0
Rate Captain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • FX Rates
  • Commodities
  • Money Market
  • Cryptocurrency
  • Corporates
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • FX Rates
  • Commodities
  • Money Market
  • Cryptocurrency
  • Corporates
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.