NLNG pay $6.5bn taxes, $15bn dividends to FG

The Nigeria Liquefied Natural Gas Limited (NLNG) has paid to the Federal Government, dividends in excess of $15 billion. Its Managing Director, Mr Tony Attah, who gave the figure in Abuja, said the company also […]

Lagos owes $1.45b foreign debt

Lagos has retained its position as the state with the highest foreign debt in Nigeria, with a portfolio of 1.45 billion dollars as at June 30. A document obtained from the Debt Management Office (DMO), […]

NLNG remits $6.5b as tax to FIRS

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing Director of NLNG, said at the investigative hearing into […]

Groups petition EFCC over alleged $3.8b contract fraud

A youth body, Nigerian Young Professionals Forum (NYPF) and Connected Development (CODE) have submitted a petition to the Economic and Financial Crimes Commission (EFCC) over alleged 3.8billion dollars contract awarded to Samsung Heavy Industries (SHI). […]

Nigeria imports 165.7m litres of gas

The National Bureau of Statistics (NBS) has released a report showing that Nigeria imported165.71 million litres of Liquefied Petroleum Gas (LPG) in the second quarter of 2018.. The NBS disclosed this in its “Petroleum Products […]

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