News

At COP28 in Dubai, NNPC Ltd. Seals LNG Deals for Domestic, International Market

Published

2 years ago

December 6, 2023

Managing Director, NNPC Trading Ltd., Mr. Lawal Sade (seated from right) and Mr. Abhinav Modi, Managing Director of SDP Services Ltd, signing an agreement for the Supply, Installation and Commissioning of a Small-Scale LNG (SSLNG) Project in Ajaokuta, Kogi State, on the sidelines of the on-going United Nation’s Climate Change Conference (also known as COP28), in Dubai, UAE, on Wednesday.

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue, NNPC Ltd. has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market.

During two separate signing ceremonies held on the sidelines of the on-going United Nation’s Climate Change Conference (also known as COP28), NNPC Ltd. signed an MoU with Wison Heavy Industry Co. Ltd, a Chinese company, for the development of floating LNG project in Nigeria, targeting the international LNG market.

Also, NNPC Prime LNG Ltd., an arm of NNPC Trading Ltd., signed a Supply, Installation and Commissioning Agreement with SDP Services, an independent oil and gas company, for a 421 tonnes per day LNG project targeting the domestic LNG market.
The Floating LNG MoU was signed by the Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye on behalf of NNPC Ltd and Mr. Kai Xu, Managing Director of Wison Ltd, on behalf of his company. Both parties agreed to work together to chart a roadmap for the project development that will lead to an investment decision.

APC Legal Team Condemns Unguarded Utterances of NNPP Lawyers

Similarly, the Small-Scale LNG (SSLNG) Project agreement was signed by the Managing Director, NNPC Trading Ltd., Mr. Lawal Sade, on behalf of NNPC Prime LNG Ltd. while Mr. Abhinav Modi, Managing Director of SDP Services Ltd., signed on behalf of his company.

The SSLNG Project, which will be located at Ajaokuta in Kogi State, Central Nigeria, will ensure the efficient supply of LNG to the Autogas/Compressed Natural Gas (CNG) and industrial/commercial customers nationwide. The LNG Project is expected to be operational by December 2024.

Speaking shortly after the signing ceremony, the EVP Gas, Power & New Energy, Mr. Olalekan Ogunleye said NNPC Ltd. is committed to delivering gas to industries nationwide and accelerating the Company’s gas commercialisation efforts through the floating LNG Project.

“We see both projects as having enormous impact all over the country because they are central to the commercialisation of Nigeria’s abundant gas resources and ensuring that our country earns the much-needed foreign revenue from its abundant gas assets. It is also consistent with NNPC Management’s drive to deliver on Mr. President’s gas and power aspirations across the country,” Ogunleye stated.

Also, in his address after the signing, the MD NNPC Trading Ltd., Mr. Lawal Sade said the SSLNG Project will boost the domestication of LNG utilisation by supporting the growth of auto-gas initiatives across the country.

“We are looking at a timeframe of 12 months from execution to the commissioning of the project. The project will deliver about 420 tonnes per day of LNG per day into the domestic market, which will enhance efficient delivery of gas to the auto-gas/CNG and industrial customers in line with Presidential mandate,” Sade added.

In a statement signed by Olufemi Soneye Chief corporate communications officer NNPC Ltd While expressing their delight at signing the agreements, the partners pledged to work with NNPC Ltd. to deliver the projects within schedule and in the most cost-effective manner.

News

Just In:President Tinubu Sacks Minister Of Finance

Published

40 minutes ago

April 21, 2026

Nigerian Tracker

President Bola Ahmed Tinubu has approved a minor cabinet reshuffle in the membership of the Federal Executive Council.

According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, two cabinet members, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to leave the cabinet while their replacements have been named.

Edun, until the latest development, was the Minister of Finance and Coordinating Minister for the Economy. He has been directed to hand over to Mr. Taiwo Oyedele who is now to take over as Minister of Finance and Coordinating Minister of the Economy. Oyedele was formerly a Minister of State in the ministry.

Also Mr. Muttaqha Rabe Darma (PhD .) has been named as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.

The memo also directed Dangiwa to hand over to the Minister of State in the ministry.

The memo stated that “all handing over and taking over processes should be completed on or before close of business on Thursday 23rd April, 2026.”

Explaining the President’s decision, Akume said: “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”

He said the President, in approving the cabinet reshuffle, has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended).

The President thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours.

The President, Akume noted, equally assured all cabinet members that “the process of reinvigoration shall be continuous.”

Signed:

Yomi Odunuga,
Special Adviser, Media and Publicity to the Secretary to the Government of the Federation

21-04-2026

News

JUST IN: FG Files 13 Count Charges Against Alleged Coup Plotters

Published

8 hours ago

April 21, 2026

Nigerian Tracker

By Yusuf Danjuma Yunusa

The Federal Government has filed a 13-count charge before the Federal High Court in Abuja against individuals accused of plotting to overthrow President Bola Tinubu. Among those named in the suit are a retired major general, a retired naval captain, a serving police inspector, and three other suspects.

According to security sources, the coup was scheduled to be executed on Nigeria’s Independence Day. However, the plot was uncovered after preparations and plans were leaked, leading to its successful disruption.

The development prompted the Federal Government to cancel the Independence Day programme—a move described as highly unusual by political observers.

News

BIKOBA Mourns EX-NFA Chairman, Ibrahim Galadima

Published

9 hours ago

April 21, 2026

Nigerian Tracker

The leadership, and the entire members of Birnin-Kudu Old Boys Association (BIKOBA) mourn the passing of the former president of the Association, and former Chairman of the Nigeria Football Federation, Alhaji Ibrahim Galadima, who died Saturday, the 18th of April 2026, after a protracted illness.

Alhaji Ibrahim Galadima, who died at the age of 78, was the fourth president of BIKOBA, having served two consecutive terms between 1993-1997, and being a member of ’71 class chapter of the Association.

Remarking on the passing of the elderstateman, President of BIKOBA, Alhaji Ja’afar Usman Muhammad (Turakin Gaya), described him as an astute football administrator and one of the most influential figures in Nigerian sports.
He said, after diligently serving BIKOBA as it’s fourth president, late Ibrahim Galadima had also served in various capacities at national and sub-national levels, as one time Commissioner of Information, Kano State while noting that his tenure as Chairman of the Nigeria Football Federation (2002–2006), was full of success stories, culminating to the growth and develpoment of sporting sub sector in Nigeria.

He similarly served with distinction as the Chairman of the Kano State Sports Commission, where he played a vital role in promoting sports at both grassroots and elite levels, said BIKOBA President.

“Being one of the founding fathers of Kano Pillars FC, late Galadima also laid a solid foundation for the club’s growth into a dominant force in Nigerian football, adding that, his legacy, leadership, and passion for the game will continue to be remembered in the history of the club”

The president, on behalf of the executive committee and entire members of BIKOBA, extends heartfelt condolences to the immediate family of the deceased, his friends, the government, the good people of Kano State, as well as the entire Nigerian football community over the irreparable loss.

In a statement signed by National publicity secretary of the association Malam Mahmud Ibrahim Kwari said BIKOBA also prays that Almighty Allah grants late Ibrahim Galadima Aljannatul Firdaus, Ameen.