Fidelity bank banner UBA banner
NLGN seeks intervention into legislators’ plan to repeal Act

By News Express on 06/09/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,056


The Nigeria Liquefied Natural Gas (NLNG) has urged Nigeria’s Minister of Information, Mr Lai Mohammed, to intervene in the ongoing plan by the National Assembly to repeal the NLNG Act.

The NLNG also expressed concern over Nigeria’s risk of capital flight in the oil and gas sector.

The company identified the loss of potential investments of over 20 billion Naira and at least 18,000 jobs, as the consequence of the plan to repeal the NLNG Act.

The top management officials of the NLNG, led by its Chief Executive Officer, Mr Tony Attah, made the appeal on Monday in Abuja, the Federal Capital Territory.

Mr Attah said the Act of parliament which the legislators plan to repeal, served as the pillar of the NLGN, known to be the biggest and most successful made in Nigeria product.

They warned that the move would bring a plethora of arbitration to Nigeria and a further loss of reputation in the business would.

In his response, the Information Minister assured them that no action would be taken to jeopardise the success of the company.

He added that the matter ought to be resolved internally, through a private engagement with the National Assembly and the Federal Executive Council. (Channels TV)

•Photo shows NLNG CEO Tony Attah.

Source News Express

Posted 06/09/2016 05:28:04 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Dangote opens Ethiopia cement plant, tasks African leaders...

Governor Obi mourns student leaders

The biggest problem confronting Nigeria and Africa

FG reaps US$33 billion from Nigeria LNG investment...

Twist in the tale: Northern delegates back out...

NAFDAC destroys N650m fake products in Kaduna

ICPC arrests lawyer for allegedly defrauding FG of...

Troops repel Boko Haram attack in Borno

Ogunlesi, Olorunyomi, Akinsanmi to speak at 2018 Internet...

MIRP congratulates Buhari

Ijaws lick wounds as military invades communities in...

The wisdom in Osinbajo’s decision to fight corruption...

 

Latest News School principal flogs corps member in front of students Those who feel they have another country free to go — Buhari Boko Haram: Chibok girls release secret diaries 2019: My nomination as Atiku’s running mate an act of God — Peter Obi Death toll in Kaduna violence hits 78 Confusion over Nnamdi Kanu’s whereabouts •He is not in Jerusalem, says Israeli Government DSS breaks silence on Nnamdi Kanu’s escape Ekweremadu set to dump PDP for APC Christian lawyers, others allege genocide in Plateau Ogun guber crisis: Amosun accuses Tinubu, Osoba, Oshiomhole of fraud Buhari gives APC marching orders to take over Kwara from Saraki Spokesman kicks as APC releases song entitled ‘Atiku is a thief’

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (409,107 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (383,666 views) Shameless Genevieve Nnaji exposes breasts in public (316,084 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (259,578 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (238,507 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (225,015 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (204,911 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (186,345 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (171,213 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (166,407 views) Lagos plane crash: Journalist releases victims’ names (162,079 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,762 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (70) Business & Economy (3,703) Business Verdict (52) Columnists (949) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (561) Features (660) Global Business Monitor (305) International (2,568) Interview (165) Live Commentary (28) Love Matters (145) News (39,849) Opinion (1,127) Pidgin (13) Politics (7,364) Religion (885) Sports (1,740) Stock Watch (35) AMA & Al Jazeera Global Update

 

NLNG Prize for Literature 2018

Zenith Zero Balance

CBN banner

Firstmobile banner

 

 

 

NEWS EXPRESS TV

LIBYA vs NIGERIA 2-3 Goals Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement