The Nigerian Content Development and Monitoring Board (NCDMB) has waded into the dispute between the Nigeria Liquefied Natural Gas (NLNG) and a Nigerian company, Macobarb International. It was gathered that the N970 million contractual dispute is being mediated by the NCDMB as reconciliatory meetings have been held at NCDMB’s headquarters in Yenagoa the Bayelsa state […]
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Once in a generation, the fight between David and Goliath reoccurs. This time, it is happening in Nigeria, in Rivers State, and in fact, in Bonny Island. Now, a dispute that may rock the entire landscape of the Niger Delta has emerged. It is contained in a 500-page document containing outcry over alleged wrongful termination […]
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The Niger Delta Justice and Peace Council has called on Nigerian Content Development and Monitoring Board (NCDMB) to intervene in a dispute between Nigeria Liquefied Natural Gas Limited(NLNG) and Macobarb International Ltd over NLNG gross violation of Nigerian Local Content policy and malicious contract termination Spokesman for the group, Mr. Ochuko Allen wondered why the […]
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BUSINESSDAY Buhari sets May 29 target to pass law adjusting oil profit sharing contracts How residents grapple with challenges of communal living in serviced estates Access, Diamond Bank to wear new brand identity in next 6 days As global bond markets signal slow down, Nigeria should take notice A thriving capital goods sector is essential […]
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Human Rights Activist, Mr. Festus Keyamo has been contracted by the Managing Director of Macobarb, Mr. Shedrack Ogboru to take legal action against the Nigeria Liquefied Natural Gas Limited over abuse of local content policy and about one billion contract liabilities. Mr. Ogboru has also appealed to the management of Shell, Total and Eni, joint […]
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Via e-mail to All & Hard Copy – DHL to MD & 3 others. The Managing Director, 30th July, 2017. Nigeria LNG Limited, NLNG Road, Amadi Creek, Off Eastern Bye Pass, PH, Rivers State, Nigeria. Att: Mr. Tony Attah Dear Managing Director, Contract No. BI30142PPI (Access Control to CCR, Laboratory, Shutdown […]
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Rivers State Governor, Nyesom Ezenwo Wike has stated that his administration will always defend the economy of Rivers State and the South-South geo-political zone, saying that the state government will join forces with other governors of the zone to stop the amendment of Nigeria Liquefied Natural Gas (NLNG) Limited Bill . The governor also stated that agitations […]
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A Niger Delta based company, Macobarb International Ltd has launched a claim of N1.5b against the Nigeria Liquefied Natural Gas Company Ltd (NLNG) for contract abuse from 2014 In a petition which was sent to the National Assembly and the Nigeria National Petroleum Company, Mr. Shedrack Ogboru, Managing Director, Macobarb claimed among others that the […]
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Nigeria and African richest business mogul, Aliko Dangote has urged the federal government to sell off the Nigerian Liquified Natural Gas company, NLNG as well as other dormant but huge capital-generating sectors and invest the proceeds back into the economy to bring Nigeria out of its current recession before the end of fourt quarter. In […]
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Shell Petroleum Development Company, a Nigerian unit of Shell has declared force majeure on gas supplies to the giant Nigeria LNG export facility located on Bonny Island. “The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force majeure on gas supply to NLNG on 8 August 2016, following a leak on the Eastern Gas […]
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