Monday 30 November 2015

FG EXPECTS N368BN FROM NLNG

FG expects N368bn from NLNGThe Federal Government is expecting over N368 billion ($1.6 billion) from taxes and dividends increase from the Nigeria Liquefied Natural Gas Limited (NLNG) by 2017.

The company is owned by four shareholders, namely the Federal Government of Nigeria, represented by the Nigerian National Petroleum Corporation (NNPC), (49per cent), Shell Gas BV (SGBV), (25.6 per cent), Total LNG Nigeria Limited (15 per cent) and Eni International (10.4 per cent).

Read more @ New Telegraph

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