NNPC Commits to Supporting NLNG

nnpc assures nigerians of NLGN good supply

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas, NLNG Limited towards achieving its goal of becoming a global LNG company of choice.  Speaking as a Guest of Honour at the 2021 NLNG Health Safety and Environment (HSE) Day, the GMD, who was represented by the Group General Manager, LNG Investment Management Services (LIMS), Nike Kolawole, said HSE was a critical determinant of business performance success across the oil and gas industry. Kyari…

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World Bank Warns Nigeria on Possible GDP Decline

David Malpass speaking at World Health Organization Media Briefing

A new World Bank report estimates that the collapse of ecosystem services provided by nature including wild pollination, food from marine fisheries and timber from forests could result in Nigeria’s GDP declining by $139bn in 2030. The report highlighted that Sub-Saharan Africa and South Asia would suffer the most relative contraction of real GDP due to a collapse of ecosystem services by 2030, 9.7 per cent annually and 6.5 per cent respectively. The report reads, “In absolute terms, the greatest losses of GDP are expected in middle-income countries. “The worst…

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