✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

NLNG studying Senate’s resolve on N18bn host compensation

The Nigeria Liquefied Natural Gas (NLNG) Limited yesterday said it is evaluating the resolution of the Senate on N18.4 billion compensation to host communities in Rivers State over the right of way issues.

The Senate had, on Tuesday, asked the NLNG to pay N18.4bn compensation to about 200 families whose farms in Bonny, Rivers State were acquired for pipeline rights of way.

NLNG studying Senate’s resolve on N18bn host compensation

SPONSOR AD

Senate approves N3.6trn petrol subsidy, N8.4trn borrowing plan

The committee Chairman, Senator Patrick Akinyelure, in his report, said following its incorporation, the NLNG acquired landed properties in Rivers State spanning over 210 kilometres for use as its pipeline right of way, which ended at the export terminal of the NLNG in Finima, Bonny Local Government.

He said that there were over 73 communities and over 200 families whose hitherto agrarian source of livelihoods was negatively impacted by the said acquisition.

NLNG in a statement said it is evaluating the Senate’s resolution and the circumstances surrounding it.

The statement, signed by Andy Odeh, General Manager, External Relations and Sustainable Development, said “NLNG wishes to state that it has always conducted its business responsibly and in accordance with the laws of the Federal Republic of Nigeria, including in this specific matter.

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.