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    This Day Live: How Obasanjo Ordered NNPC to Retain NLNG Dividends to Fund New Trains (Nigeria)

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Summary

The missing NLNG dividends were retained in order to buy new trains, under order of former President Olusegun Obasanjo, it's been reported

by: Erica Mills

Posted in:

Press Notes, Africa

This Day Live: How Obasanjo Ordered NNPC to Retain NLNG Dividends to Fund New Trains (Nigeria)

Following the controversy surrounding the retention of dividends paid by the Nigeria Liquefied Natural Gas (NLNG) Company Limited to the Nigerian National Petroleum Corporation (NNPC), it has emerged that the initial directive to retain its 49 per cent share of dividends was actually given by former President Olusegun Obasanjo when he was in office.

Read the full article HERE.