A Review of the Nigerian Energy Industry

NLNG denies bribery allegation

10 March 2015, Lagos – The Nigeria LNG Limited has described as misleading and false the allegation that it bribed the Bonny Local Government Council of Rivers State with respect to the payment of its 2014 tenement rate.

NLNGIn a statement on its website signed by the General Manager, External Relations, Kudo Eresia-Eke, NLNG said its attention had been drawn to recent social media posts about an alleged bribery incident linked to 2014 tenement rate payments made by the company to the local government council.

“NLNG wishes to set the records straight by categorically stating that the allegations are misleading and false,” Eresia-Eke said.

The statement said NLNG’s assets in Bonny had been assessed in accordance with the relevant bye-laws of Bonny LGC and issued a demand notice dated November 13, 2014 for N140m only.

Eresia-Eke stated, “The company made the payment for the invoiced sum of N140m and not N180m as alleged.

“Further, the payment was made on February 6, 2015 by electronic transfer in line with standard NLNG practice to the account in Ecobank Nigeria Plc nominated by Bonny LGC, and not by cheque as alleged in the misleading social media posts.”

The company emphasised that it would continue to conduct its businesses in full compliance with the laws of the Federal Republic of Nigeria and applicable tax regulations.

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

It remains the arrowhead of the Federal Government’s drive to derive value from the country’s vast natural gas resources, diversify the economy and eliminate gas flaring, according to the statement.



– Punch

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