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President Buhari Breaks Ground For Nigeria LNG Train 7 - Politics - Nairaland

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NLNG’s $10bn Train-7 Project Threatened Over Daewoo Shutdown / Tony Attah: LNG Train 7 To Attract $10 Billion Into Nigeria's Economy / Saipem, Daewoo, Chiyoda Win $10bn NLNG Train 7 Project (2) (3) (4)

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President Buhari Breaks Ground For Nigeria LNG Train 7 by presidency: 11:51am On Jun 15, 2021
President Muhammadu Buhari Tuesday charged that the Nigeria Liquefied Natural Gas (NLNG) Train 7 be delivered on time so that the Train 8 project can commence.

The President gave the charge at the virtual groundbreaking ceremony of the project in Bonny Island, Rivers State,

He 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 to ensure completion and eventual commissioning of the Train 7 project "safely and on time."

''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 Nigeria LNG 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,'' he said.

Going down memory lane, President Buhari recounted that the story of Nigeria LNG was one he had been ''passionately associated with during the formative years of the project.''

He said: ''As Minister of Petroleum Resources, I kicked off our first foray in LNG Business in 1978. At the time it was already apparent that Nigeria was mainly a gas-rich country with a little oil!

''It therefore gives me great joy to see the organization transform from just a project in the early 90s to a very successful company with over 20 years of responsible operations and steady supply of Liquefied Natural Gas, Liquefied Petroleum Gas and Natural Gas Liquids into the global market

''This is proof that Nigeria has great capacity to deliver value to the world by harnessing our natural resources''.

The President, therefore, congratulated NLNG and its shareholders – NNPC, Shell, Total and Eni for proving that a Nigerian company can operate a world class business safely, profitably and responsibly.

Praising the consortium for clearly setting the stage upon which Nigeria’s vast gas resources will continue to grow well into the future, the President added that the focus of his administration is to boost the development of Nigeria’s abundant gas resources, strengthen the gas value chain, develop the much-needed infrastructure and enhance safe operations in the sector as outlined in the National Gas Policy of 2017.

''Through the Decade of Gas initiative, which I recently launched, we will transform Nigeria into a major gas and industrialised nation with gas playing the key role as revenue earner, fuel for industries and necessary feed for petrochemicals and fertiliser plants,'' he said.

The President also expressed delight that the NLNG as the pioneer LNG company in Nigeria, has conscientiously proven the viability of the gas sector over the years, currently contributing about one percent to Nigeria's GDP.

''NLNG has generated $114 billion in revenues over the years, paid $9 billion in taxes; $18 billion in dividends to the Federal Government and $15 billion in feed gas purchase.

''These are commendable accomplishments by the company’s 100 percent Nigerian Management Team.

''With this level of performance, I can only hope that the company continues to grow starting with this Train 7 project but also positioning Nigeria to thrive through the energy transition,'' he said.

In his address, the Minister of State for Petroleum Resources, Timipre Sylva described NLNG as a ''blessing to the nation'', noting that it has positively complemented crude oil exploration by monetising flared gas and yielding huge revenue to the nation and investors.

Sylva added that since NLNG became operational in 1999, the nation has recorded a drastic reduction in operational flare status from 65 per cent to 12 per cent.

''I boldly say that the ground breaking of Train 7 is a guarantee to every stakeholder of more dividends in terms of further reduction in gas flaring, more revenue to the nation and shareholders, more job opportunities especially at the construction phase and more social investments for the society, '' he said.

Also speaking, Anthony Attah, the Managing Director and Chief Executive Officer of NLNG, said the Train 7 will increase NLNG’s overall capacity to 30 million tonnes per annum (mtpa) from the current 22 million mtpa, while further adding immense value to the nation and the people.

Attah noted that the project would stimulate inflow of about 10 billion dollars FDI into Nigeria, create 12,000 direct jobs in Bonny Island and additional 40,000 indirect construction jobs.

He said the project would also further the development of local capacity and businesses through the 100 per cent in-country execution of construction works, fabrications and major procurement.

‘‘Nigeria has ridden on the back of oil for over 50 years, but with this Train 7 project Nigeria is now set and I believe it is now time to fly on the wings of gas,’’ he said.

Femi Adesina

Special Adviser to the President

(Media & Publicity)

June 15, 2021

12 Likes 1 Share

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Szkpytqgdcvx925: 11:52am On Jun 15, 2021
Good. God bless Buhari

40 Likes 14 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by socialmediaman: 11:54am On Jun 15, 2021
Buhari is like the seller who quarrels with good paying customers regularly because of ego, and plays nice to creditors so he can continue to borrow money to keep his business afloat. He’s a very bad leader and also a bad businessman.

Here’s why:
Nigeria makes only $100 million from the internet annually. South Africa, by comparison, makes $650 million annually, and their population is just about 1/3 of Nigeria’s population. This shows you there is so much potential on the internet for more revenue. Instead of enhancing this potential, he’s more interested in going on a social media war and regulating free speech. Then he goes borrowing from China to fund infrastructure projects.

46 Likes 6 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Coldshisha: 11:56am On Jun 15, 2021
Remove Nepotism and poor knowledge of complex Nigerian Economy

Buhari is trying his best

46 Likes 7 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Badabada(m): 11:57am On Jun 15, 2021
Until the present security situation in this country is handled properly, we are just sitting on a tickling time bomb.

12 Likes 2 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by sammyj: 11:58am On Jun 15, 2021
grin grin grin
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Boye33: 11:58am On Jun 15, 2021
They've finally gotten an energetic old man to replace Pa Buhari.

The new guy has done more in one week than the real one did since 2019.

Just joking Dss lipsrsealed

6 Likes 1 Share

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by whytepawn1(m): 11:58am On Jun 15, 2021
Each time i hear that name NLNG it reminds me of what would have been...
Almost got a job there some years back... Didn't make the final list after interviews.
Know some dudes who got the job and are living large..
It's well though... Life goes on.

37 Likes 4 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Dozis: 11:58am On Jun 15, 2021
Coldshisha:
Remove Nepotism and poor knowledge of complex Nigerian Economy

Buhari is trying his best
grin grin grin
This statement is so funny.
Someone that has a poor Knowledge of our complex economy is an empty brain naa

7 Likes 2 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Nobody: 11:58am On Jun 15, 2021
Get your DIRTY FILTHY SAHEL hands of our Gas.

We will not allow you have access to our gas.

Bandits.

1 Like

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by deepwater(f): 11:58am On Jun 15, 2021
lol
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by eliok(m): 11:58am On Jun 15, 2021
Development with security in place?

Hmmm.
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by igbowoman: 11:59am On Jun 15, 2021
Useless
Does anyone here believe Buhari said all that?
A man that didn't pass primary 6?
As dense as a door knob
All he wants is to siphon the resources to his useless region and go back and still borrow from China

5 Likes 1 Share

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by MANNABBQGRILLS: 11:59am On Jun 15, 2021
contigiency:
At least for the first time in this country loans are sourced and tied to projects and those projects are being carried out. Not when some people were borrowing to pay salaries.
Nothing more to be added.
God bless you.


Dem [/b] : AKA [b]DA truth in da building!
tongue tongue tongue
Truth is not bitter, just that some people are bitter to the truth.
Let us hit 'em with the bitter truth that is ALWAYS difficult for them to view or swallow one more time wink


Enemies of Nigeria, AKA, Children of hate, frustrations and perdition,

Who are you calling dictator ?

Ex- President Obasanjo removed Senate Presidents at will, removed any opposing voice, removed Fayose for a small insult, and removed Ladoja with thugs in Ibadan.
Who are you calling “DICTATOR”? BUHARI.

Ex-President Obasanjo withheld Lagos State fund for 3 years, not minding how Lagosians would eat, Yaradua got there and released the fund.

NASS members were abusing President Buhari openly, messing up everything at will; Gov. Fayose has been abusing President Buhari for 4 years now.
Not a single State in Nigeria has been denied their constitutional rights because of politics till date, all their funds, Paris fund and bail out, FAAC etc.
But who is the DICTATOR? BUHARI.

Ex-President Jonathan ensured that NASS opposition members were locked out including Tambuwa the Speaker of the house.
They had to climb gate to gain access.

Jonathan empowered OPCs in Lagos and they were destroying anything in Ikorodu to Ojota that looked like opposition party.
Orga of DSS was used to invade APC secretariat, Journalist arrested and Newspapers siezed, we forgot all these….

Ekiti was militarised, Fayose was given power from Aso rock to order Military guys at will.
Fayemi the incumbent at that moment was rendered powerless that he was shouting when Police commissioner was used by PDP and a guy was shot…All these videos and pictures are still here (google is your friend).
But who is the dictator? BUHARI.

Ex-President Jonathan met FX+ECA at $62 billion+. He DEPLETED it to less than $30 Billion in 5 years Jonathan sold crude oil for 5 years at an average of $100 per barrel of 2.2 million daily (2010-2014). Did he add a DIME to Nigeria purse in 5 years? NO.

Buhari the ILLITERATE sold oil at an average of $50 of less than 700,000 barrel at some points because of militancy, yet had moved that FX to $47 Billion in 3 years.

Don’t say how much did he borrow if you don’t even have the figure borrowed between 2010-2015 without adding a dime to FX.

Who is the ILLITERATE? BUHARIIII. Jide Omokore, Aluko and oil goddess Alinson made an oil deal of N1 trillion and chose not to remit to Nigeria under GEJ. Did anyone raise eyebrow?

INTEL of Ex-Vice President Atiku refused to remit to Nigeria Ports Authority (NPA), not until last year that “ordinary” Hadiza the NPA boss challenged INTEL and insisted the funds must be remitted.

A Christian Professor had been leading JAMB all through Obasanjo to Jonathan yet for 40 years of JAMB; only N52 Million was remitted to FG.

A Muslim Professor who was appointed just in two years of handling JAMB remitted over N15 Billion. FIFTEEN BILLION. So who is following after righteousness?

For five years of Okonjo Iweala was paying over 45,000 ghost workers unabated, yet just within 3 years, “ordinary” Kemi Adeosun removed such nonsense…I ask again who is more effective?

Ordinary Abuja metro lane took 11 years from OBJ period that he INITIATED i
Ordinary intra-city metro lane o, but President Buhari that finished is within 3 years is the failure abi?

“Which project did President Buhari INITIATE and COMPLETE in 3 years yen-yen-yen”.
Mention any major project INITIATED AND COMPLETED in 3 years of Ex-President Obasanjo, or Ex-President Yar’Adua or Ex-President Jonathan?

So on what parameters are you using to judge 3 years of President Buhari INITIATING AND COMPLETING? Even PDP can’t finish their own secretariat let alone that which belong to NIGERIA.

Lagos-Ibadan road since Ex-President Obasanjo era till Ex-President Jonathan could not be finished.
In 3 years of President Buhari, the road is receiving serious attention.
Ask those who ply that road and those who go for Holy Ghost Congress monthly about
the difference in pace of work.
Wait, even Otuoke road in Bayelsa had to wait till President Buhari now starts to do the road.
Who is the failure? Can it be BUHARIIII.

What about “Almajiri School in the North? WHERE exactly are these Schools SITUATED in the North? OK, show us the picture.

Emm, 2nd Niger Bridge?
Lol, they completed it on the MAP, yet Fashola is on it PHYSICALLY now.

Did Buhari fail on security issue in Benue? YES. Did others before him fail on the same security issue in Benue? YESSS.
So where did you get all these noise of “Fulani President” is helping herdsmen?

Who was the President during Jos crisis, herdsmen killing people in Zamfara in 2013, Odi massacre, Kaduna crisis?
You think death suddenly started because President Buhari was a Fulani man?
That he failed in that is one thing, but that YOU are making a narrative of “Fulani President” is giving herdsmen power is funny.

January 1, 2018 in Omoku, Rivers State, Christians were coming from Church; cultists from the South South killed their own people.
You know why there was no serious noise by CAN and you?
You could not link it to President Buhari’s herdsmen or Fulani herdsmen.
The same WIKE that did not drop a million to support the families of those bereaved in his constituency (State) went to Benue State to donate N20 Milliion and you hailed him

Kidnapping of School children in Lagos; Badoo issue in Lagos; Crisis in Kaduna.
Who did you call on? Ambode the Governor of Lagos and El-Rufai of Kaduna.
When crisis happened in River State and Benue State, who did you shout about? President Buhari the herdsmen.
What about your Bishops, Pastors and Imans that made Aso Rock their abode between 2010-2015? What did they negotiate for the body of Christ or common citizens?
Yes, they got their jets; they got waivers and Universities all PERSONAL.
Now that the tap to fuel their jets and lifestyles had stopped, all they tell you from the pulpit is “LIES and Prophelying“.
Your anointed ones keep saying ANNOYING THINGS, yet you can’t query their lies?

Wait, I remember again your problem with President Buhari fighting corruption selectively.
So, mention ONE name among those in EFCC case without a case to defend.
If your hero Presidents had fought corruption with one leg, by now shebi it is the second leg that President Buhari will be fighting.

So what is your problem with the corrupt facing the music?
Oh, how about blablablabla.
If President Buhari did not catch them, somebody else will.
But stop crying in defence of the corrupt being asked to face the music.
If your uncle is corrupt, tell him to face it, and stop shouting how about other thieves.

I know you lost your job because Ex- President Jonathan lost out and your job with Mama Patience was terminated.
But stop using your personal loss as a yardstick for Buhari’s achievement.

Under your hero, several young Nigerians were SCAMMED by Boro collecting money from them for Job, in the process killing many young Nigerians.
Ex-President Jonathan cannot even sack him. So what do you want the families of those who died when Ex-President Jonathan scammed them of Jobs to do? Stop crying and face life.

For your information, all those lies about “hidden agenda” can only fly on you because they know you are biblically illiterate.
I even saw somebody hailing Femi-Fani Kayode for being the voice for the Church. Haaaaaa, abomination. Abeg make I stop here jare.

Your plan B, C and D of ruinous economy, escalated insecurities and secession bids will fail and Nigeria shall rise again in the committee of great nations.

GOD BLESS NIGERIA.

Nigeria will bless those that blesses and pray for her and for the her enemies that curse her daily, she will deal with them by herself!

We Rise!

21 Likes 9 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by MANNABBQGRILLS: 11:59am On Jun 15, 2021
Szkpytqgdcvx925:
Good. God bless Buhari
A very BIG AMEN.
God bless you too, even if we can't pronounce ya name!
Blessings follow you! wink

Teejay13:
Commendable gesture
God bless you and all the positive minded members on this forum.
Nigeria will favour you all.


igbowoman:
Useless
No good news make you and your ilks ever happy.
All you are happy to read is destruction, killings, blood and maiming.
Shame on y'all.
Nigeria will work whether you and your ilks like it or not.
You should hide your head in shame.

Collectii abegii......

6 Likes 3 Shares

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Teejay13(m): 11:59am On Jun 15, 2021
Commendable gesture

1 Like

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Adefemimicheal(m): 11:59am On Jun 15, 2021
Cool
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by thaoriginator: 11:59am On Jun 15, 2021
Me bloodclaat
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Nobody: 11:59am On Jun 15, 2021
Between NLNG and Total

Got to be the best work place in ioc
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by AgainstIslam(f): 11:59am On Jun 15, 2021
.
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Sleekdesign117: 11:59am On Jun 15, 2021
Hmmm
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Bar1941(m): 11:59am On Jun 15, 2021
This old abokï needs to be told that security of lives and properties of Nigerians is sacrosanct and should be given more priority. Inasmuch I laud his efforts and that of Amechi in the area of transportation, this achievement are nothing when their is restiveness almost everywhere within the country.

3 Likes

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by Finnese001: 11:59am On Jun 15, 2021
Break ground with which hand grin

1 Like

Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by aBrokeRichDude: 11:59am On Jun 15, 2021
Yes
Re: President Buhari Breaks Ground For Nigeria LNG Train 7 by DWJOBScom(m): 12:00pm On Jun 15, 2021
Coldshisha:
Remove Nepotism and poor knowledge of complex Nigerian Economy

Buhari is trying his best

But everything removed is important na

3 Likes

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