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    The Guardian: Nigeria Risks Losing $10b FDI to NLNG ‘Train 7’ Project’s Delay

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Summary

Oil and gas association PENGASSAN has warned Nigeria's government that it could lose a $10-billion foreign investment because of delays in the Train 7 project

by: Erica Mills

Posted in:

Press Notes, Africa

The Guardian: Nigeria Risks Losing $10b FDI to NLNG ‘Train 7’ Project’s Delay

Nigeria may be on the verge losing about $10 billion Foreign Direct Investment (FDI) to the intrigues that have characterised the delay implementing the ‘Train 7’ project of the Nigerian Liquefied Natural Gas (NLNG).

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), who lamented this imminent huge loss recently urged the Federal Government to set the ball rolling for the construction of the project, which has remained a mirage over the years.

Read the full article HERE.