RE: Senate Directs NLNG To Pay Host Communities N18.4b Compensation Within 2 Months
Nigeria LNG Limited (NLNG) has continued to conduct its business responsibly and in accordance with the laws of the Federal Republic of Nigeria.
This was stated following the Senate on Tuesday, October 4 2022 directing NLNG to pay 73 communities of Obiafu, Soku to Bonny in Rivers State N18.4bn compensation within 2 months.
NLNG’s statement reads as follows: The attention of Nigeria LNG Limited (NLNG) has been drawn to a resolution said to have been passed by the Senate, following the consideration of a report by its Committee on Ethics, Privileges and Public Petitions, the sequel to a petition relating to compensation for the acquisition of a Right of Way across some communities.
NLNG is evaluating the resolution and circumstances surrounding it.
NLNG wishes to state that it has always conducted its business responsibly and in accordance with the laws of the Federal Republic of Nigeria.
