Newscoven
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

    APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

    Nigeria's Crude Oil Must Provide Measurable Benefits To Nigerians -Makinde

    Nigeria’s Crude Oil Must Provide Measurable Benefits To Nigerians -Makinde

    2027 Elections: NUJ Urges Members To Be Security-Conscious

    2027 Elections: NUJ Urges Members To Be Security-Conscious

    Makinde To Traditional Rulers: Stay Away From Politics Or Be Abused

    Makinde To Traditional Rulers: Stay Away From Politics Or Be Abused

    2027: Evaluate Candidates On Competence, Character, Value, Adekanmbi Urges Media

    2027: Evaluate Candidates On Competence, Character, Value, Adekanmbi Urges Media

    Sanwo-Olu, Mohammed, Daniel, Others To Attend Freedom Online 7th Yearly Lecture

    Sanwo-Olu, Mohammed, Daniel, Others To Attend Freedom Online 7th Yearly Lecture

    APM Fixes New Date For Commissioning Of Makinde/Daura Presidential Campaign Office

    APM Fixes New Date For Commissioning Of Makinde/Daura Presidential Campaign Office

  • Entertainment
    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    EMHF Heritage Event Hall Open To Public

    EMHF Heritage Event Hall Opens To Public

    Historic Send-Forth For Professor YK Ajao As Iseyin Honours Its Musical Pride

    Historic Send-Forth For Professor YK Ajao As Iseyin Honours Its Musical Pride

    Olukoya Builds Heritage Event Hall In Memory Of Music Aficionado, Femi Esho

    Olukoya Builds Heritage Event Hall In Memory Of Music Aficionado, Femi Esho

    Sanusi, Atlético Berja Board, Berja Mayor, Seal Strategic Partnership

    Sanusi, Atlético Berja Board, Berja Mayor, Seal Strategic Partnership

    From Church Keys Too Global Stage, Pheelz Takes Over The Spotlight On CNN African Voices

    From Church Keys To Global Stage, Pheelz Takes Over The Spotlight On CNN African Voices

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
Wednesday, September 9, 2026
No Result
View All Result
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

    APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

    Nigeria's Crude Oil Must Provide Measurable Benefits To Nigerians -Makinde

    Nigeria’s Crude Oil Must Provide Measurable Benefits To Nigerians -Makinde

    2027 Elections: NUJ Urges Members To Be Security-Conscious

    2027 Elections: NUJ Urges Members To Be Security-Conscious

    Makinde To Traditional Rulers: Stay Away From Politics Or Be Abused

    Makinde To Traditional Rulers: Stay Away From Politics Or Be Abused

    2027: Evaluate Candidates On Competence, Character, Value, Adekanmbi Urges Media

    2027: Evaluate Candidates On Competence, Character, Value, Adekanmbi Urges Media

    Sanwo-Olu, Mohammed, Daniel, Others To Attend Freedom Online 7th Yearly Lecture

    Sanwo-Olu, Mohammed, Daniel, Others To Attend Freedom Online 7th Yearly Lecture

    APM Fixes New Date For Commissioning Of Makinde/Daura Presidential Campaign Office

    APM Fixes New Date For Commissioning Of Makinde/Daura Presidential Campaign Office

  • Entertainment
    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    3SC Gets 32-Seater, 18-Seater Buses From Makinde

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    Film Review: Akinwale, Odule Locked In A Web Of Tragic Conundrums In Olowo Ana

    EMHF Heritage Event Hall Open To Public

    EMHF Heritage Event Hall Opens To Public

    Historic Send-Forth For Professor YK Ajao As Iseyin Honours Its Musical Pride

    Historic Send-Forth For Professor YK Ajao As Iseyin Honours Its Musical Pride

    Olukoya Builds Heritage Event Hall In Memory Of Music Aficionado, Femi Esho

    Olukoya Builds Heritage Event Hall In Memory Of Music Aficionado, Femi Esho

    Sanusi, Atlético Berja Board, Berja Mayor, Seal Strategic Partnership

    Sanusi, Atlético Berja Board, Berja Mayor, Seal Strategic Partnership

    From Church Keys Too Global Stage, Pheelz Takes Over The Spotlight On CNN African Voices

    From Church Keys To Global Stage, Pheelz Takes Over The Spotlight On CNN African Voices

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
No Result
View All Result
Newscoven
No Result
View All Result
Home Business Energy | Oil & Gas

Fubara Attributes NLNG Success Story To FG, PPP Business Model

by Newscoven
April 8, 2026
in Energy | Oil & Gas
Reading Time: 3 mins read
1 0
A A
0
Fubara Attributes NLNG Success Story To FG, PPP Business Model

Managing Director/CEO, Nigeria Liquified Natural Gas (NLNG) Limited, Mr Adeleye Falade, presenting a symbolic LNG vessel to Governor Siminalayi Fubara of Rivers State (right) during a courtesy visit on the governor at the Government House, Port Harcourt, on Wednesday.

1
SHARES
17
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Rivers State governor, Sir Siminalayi Fubara, has attributed the success story of the Nigeria Liquified Natural Gas (NLNG) Limited to the Public Private Partnership (PPP) business model adopted by the Federal Government (FG) and the multinational oil company from its inception.

He stated this when he received the new NLNG Managing Director/CEO, Mr Adeleye Falade and his top officials during a courtesy visit to Government House, Port Harcourt, on Wednesday.

NLNG is jointly owned by the Nigerian National Petroleum Company Limited (NNPCL) 49 per cent; Shell Gas B.V. (25.6 per cent); Total LNG Nigeria Ltd (15); and Eni International (10.4 per cent).

According to the arrangement, the partnership model allowed for shared risks, costs, and expertise in the LNG sector.

RelatedPosts

Dangote Petroleum Refinery Launches Landmark IPO, Targets 10M Subscribers

WAEP Targets 24-Month Production Surge, Gas Monetisation To Unlock 1.6Bn Barrels

SEC Approves Dangote Petroleum Refinery Landmark IPO

Governor Fubara observed that NLNG has not only survived the difficult business environment, but has also made sustained progress in the nearly three decades of its existence.

According to him, the decision of the FG to allow the multinational oil company, who have the needed expertise to run the establishment, while government played a supervisory role over it, has largely been responsible for its success.

“I am very proud to say that, if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG.

“And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it.

“Let the government play its supervisory role to ensure that there is compliance with the laws;  ensure that standards are maintained and also ensure that the right people with the needed expertise are at the helm of affairs. That’s all.

“I think that is the reason why we still record a lot of successes in NLNG,” the governor said.

Fubara therefore pledged the  continued support of his administration for NLNG, stressing that the success of the organisation is equally the success of the FG and the Rivers State Government.

He gave an assurance that the state government, under his administration, will continue to contribute its own quota in support of NLNG.

“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.

“So the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think we need to come in to support you, please do not hesitate to call upon us.

“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state.

“It is not going to be different in your own case. I can assure you that. I will also ensure that other units of the government will liaise with you when necessary.

“So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.

In his opening remark, the new NLNG Chairman/CEO Mr Falade, expressed appreciation to Governor Fubara for the audience granted him and his team and appealed to the Rivers State Government to continue to support the organisation.

“We appreciate the opportunity to meet with you and deepen this important relationship. We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses.

NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.

The company, Falade said, has continued to work with its host communities to strengthen their  capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact. According to him, communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model.

He said beyond community infrastructure, NLNG have sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and  Micro Small and Medium Enterprise (MSME) schemes. The initiatives, he said, were designed to support small businesses, build capacity, and stimulate local enterprise across the state.

Among NLNG officials who accompanied the Managing Director were the General Manager (External Relations and Sustainable Development), Dr Sophia Horsfall; Manager (Government Relations), Mr Abdul Umar; Manager (Community Relations), Dr Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; and Head) Community Liaison and Engagement), Chief Ifeanyi Umeh.

Others included Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu, Senior Government Relations Advisor, Mrs Kate Allison and Audio-Visual Advisor, Mr Dawood Ahmed.

Tags: Federal Government of NigeriaGovernor Siminalayi FubaraNLNG Success StoryPPP Business Model
SendShareTweet

Related Posts

Dangote Petroleun Refinery Launches Landmark IPO, Targets 10M Subscribers

Dangote Petroleum Refinery Launches Landmark IPO, Targets 10M Subscribers

by Newscoven
September 7, 2026
0
31

Dangote Petroleum Refinery and Petrochemicals Limited has formally began the process of launching its Initial Public Offering (IPO) with the...

WAEP Targets 24-Month Production Surge, Gas Monetisation To Unlock 1.6bn Barrels

WAEP Targets 24-Month Production Surge, Gas Monetisation To Unlock 1.6Bn Barrels

by Newscoven
September 6, 2026
0
10

West Africa Exploration and Production Company (WAEP) is stepping up efforts to unlock more than 1.6 billion barrels of oil...

SEC Approves Dangote Petroleum Refinery Landmark IPO

SEC Approves Dangote Petroleum Refinery Landmark IPO

by Newscoven
September 5, 2026
0
18

The Securities and Exchange Commission (SEC) has approved the commencement of the Initial Public Offering (IPO) of Dangote Petroleum Refinery...

ICT | Science | Technology

3 Solution Teams Win ₦6m At NCC Hackathon

3 Solution Teams Win ₦6m At NCC Hackathon

August 31, 2026
13
NASENI Empowers 250 Abia Indigenes With Cookstoves, Home Solar Solutions, Others

NASENI Empowers 250 Abia Indigenes With Cookstoves, Home Solar Solutions, Others

August 30, 2026
10
NSEP: NASENI Empowers 1,000 Lagos Residents

NSEP: NASENI Empowers 1,000 Lagos Residents

August 30, 2026
10
NCC And Its Erroneous Implementation Of Public Service Rules

NCC And Its Erroneous Implementation Of Public Service Rules

August 22, 2026
36
NCC Declares Globacom Internet Growth Leader In May

NCC Declares Globacom Internet Growth Leader In May

August 9, 2026
10
Prev Next

Health

How We Curtailed Japa Syndrome In Oyo Health Sector -Commissioner

How We Curtailed Japa Syndrome In Oyo Health Sector -Commissioner

July 4, 2025
96

2 Suspected Leprosy Cases Discovered In Ibadan

November 12, 2021
358

Why Nursing Education Should Not Be Undermined -Makinde

September 13, 2024
63

SPECIAL FEATURE: Making Oyo Open Defecation Free

July 29, 2022
397

Makinde Strengthens Heath Care In Oyo With N1.5bn    

June 9, 2021
361

PHOTO NEWS: Makinde Commissions Health Facilities

June 12, 2022
279
Prev Next
Newscoven

NewsCoven.com is an independent and unbiased online news medium determined to take a holistic approach to reportage of events, covering all spheres of human activities, with refreshed zeal and vigour.

Contact: +234-805-732-0978

Categories

  • Achievers | Appointments
  • Agriculture
  • Analysis
  • Arts | Book Review
  • Banking & Finance
  • Business
  • Church
  • Crime | Court | Judiciary | Security
  • Culture | Religion
  • Editorial | Discourse | Opinion
  • Education
  • Energy | Oil & Gas
  • Entertainment | Sports
  • Environment | Community | Eye Report | Metro
  • Feature
  • Health
  • Health Law & Human Dignity
  • Hotels | Travels | Tourism
  • ICT | Science | Technology
  • In The Eyes of the News
  • Interviews
  • Islam
  • Kaleidoscope With Anike
  • News
  • Peoples | Events
  • Politics
  • Reflections With Dapo Falade
  • Science
  • The Book Cast
  • The Ethics Pulse
  • Uncategorized
  • VOXPOPULI
  • Woman's Essence by Motunrayo Busari
  • World

Recent News

Oyo APC Elders Council Mourns Professor Kolawole

Oyo APC Elders Council Mourns Professor Kolawole

September 9, 2026
APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

APC National Chairman On 2-Week Vacation To Re-Strategise For 2027

September 9, 2026
Archbishop Wale Oke, A Foremost Spiritual Icon @ 70th -Senator Alli

Archbishop Wale Oke, A Foremost Spiritual Icon -Senator Alli

September 8, 2026

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • About Us
  • Advertisement
  • Breaking News | Latest Nigerian News Today
  • Checkout
  • Contact Us
  • Disclaimer
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms of Use

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.