Wednesday May 22-28, 2019 Edition

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The

VOX POPULI SACRUM

Air pollution:

racle

WEDNESDAY May 22 - 28, 2019

www.oraclenews.ng

ISSN: 2545-5869

Today

VOL.4 No.20 N200

NLNG earns N36tr from flare gas monetization •

Gas company cuts gas-flares from 60% to 20% in 20 years •Delivers $17b to Fed Gov as dividend •Pays additional $16b to govt. for gas •Commits N200b to social responsibility projects By SOPURUCHI ONWUKA

A

head of the 2019 World Environment Day (WED) celebration which amplifies the clamour for

players in the petroleum industry to curb the rising level of global air pollution, Nigeria Liquefied Natural Gas (NLNG) Limited has declared over $100 billion or N36 trillion gross income

Jonathan, Dickson, others converge in Yenagoa over Bayelsa guber poll

F

ormer President Goodluck Jonathan, Gov. Seriake Dickson and other notable Ijaw leaders are to attend a stakeholders workshop in Yenagoa on May 22, ahead of the upcoming Nov. 16 Gubernatorial election in Bayelsa. The Ijaw Professionals Association (IPA) on Tuesday in Lagos on Tuesday urged all stakeholders to close ranks ahead of the elections. The theme for the workshop is; “NO VIOLENCE, NO LOST LIVES’’. The body said that there was the need for the collaborating groups to work towards achieving a consensus, in ensuring no life was lost in the run up to and throughout the November governorship election. “We unequivocally condemn the criminal conduct of some people during the last general elections in Bayelsa and other states in the Niger Delta and call on all stakeholders to condemn

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violence,’’ IPA said in a statement by its President, Mr Elaye Otrofanowei. Others partnering with the IPA are: Ijaw Nations Forum (INF), Ijaw Women Connect (IWC) and Embasara Foundation to build consensus round achieving credible elections. “It is our expectation that the governorship election in Bayelsa will be issue-based and the candidates will provide road maps for addressing the challenges we face as a people. “IPA recommends that the Ijaw Charter and the CELG document which has the input of all stakeholders be discussed and used to address issues which could result in conflict. “Key stakeholders at this event include former president Goodluck Ebele Johnathan (GCFR, GCON), Gov. Seriake Dickson, former Governors and Ministers, all aspirants, office holders and newly elected political office holders.

from gas monetization. Managing Director, Mr. Tony Attah, who spoke about the company’s 20 years of operations, said that NLNG has over two decades delivered economic,

environmental, commercial and social dividends to Nigerian people. He said the company has converted over 6.37 trillion cubic feet of associated gas to Liquefied Natural Gas

(LNG) and Natural Gas Liquids (NGLs) in the past 20 years, thus helping cut gas flares in the country from over 60% in 1999 to less than 20%. Mr. Attah stated that

apart from capturing flare gas for monetization, the company has delivered immeasurable financial returns to asset holders,

Full story on page 19

APGA National Convention:

Plot to replace Oye with Obiano’s Chief of Staff thickens

•Pressure on governor not to support Oye’s second term bid •Group insists Oye must go •Party leaders

deny knowledge of any plot against APGA Chairman

•Obiano

•Oye

Buhari’s new cabinet and paradigm shift


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