Buhari’s wife unveils LNG ABUJA 11

Buhari's wife unveils LNG ABUJA 11

Wife of the President, Mrs Aisha Muhammadu Buhari has unveiled a new vessel of the Nigeria Liquified Natural Gas company billed to add to the fleet of the
organization .

While performing the "naming ceremony "in Seoul South Korea on Thursday ,Mrs Buhari said the acquisition of the new vessel, named LNG ABUJA 11, was an additional impetus to the growth of export related businesses that will improve revenue generation for Nigeria .

"For example ,more than $10 million dollars was generated from the export of quality Nigerian materials to Korean shipyards "

According to her ,among other recorded achievements ,the relationship of the two countries was quite in line with the goals of the present administration of furtheringthe development of human capital and job creation .

She expressed confidence that despite challenges in the global energy sector, Nigeria and South Korea willcontinue to occupy important positions with respect to international energy security and development .

Although Nigeria is undergoing a process of transformation for improved quality of life of the people , she said it became absolutely necessary to provide
avenues for businesses to achieve their full potentials tocompete grow and deliver long term value.

"I stand by this principle because that is how great countries like South Korea were built".

The wife of the President commended the NLNG for the new stride and noted that nothing makes her proud thanthe knowledge that Nigerians and Nigerian companiesactively participated and benefited directly from the construction of the new (ship) vessel .

While noting that the ship has Nigeria written all over it, she expressed hope that participating companies in thesector will continue to export to shipyards across the world and make Nigeria to shine in every shore for increased economic development .

The vessel ,Named LNG ABUJA 11 is billed for the fleet of the NLNG and specifically for BONNY GAS COMPANY ,a subsidiary of the NLNG Ltd .It was built by SAMSUNGAND HYNDAI HEAVY INDUSTRIES South Korea .
Nigeria produces 22 million tonnes of LNG per annum sold to North America and Europe by the ships.

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