Wike vows to stop amendment of NLNG law

RIVERS State Governor, Nyesom Wike has vowed that his administration will join forces with other governors of the zone to stop the amendment of Nigeria Liquefied Natural Gas (NLNG) Limited Law currently waiting the for the Senate.

The governor who said the move is in defence of the state and region`s economy explained that agitations in the South-South have remained rife, because the federal authorities ignore the geo-political zone, even though the people produce the wealth that sustains the nation.

Speaking on Tuesday night in Port Harcourt while receiving the management of the NLNG Limited, who paid him a courtesy visit the Governor, said that the state government will mobilise the state’s representatives at the National Assembly to ensure that the NLNG Limited remains in good stead to continue with her operations.

He urged the Federal Government not to allow the amendment of the NLNG act to sail through at the National Assembly because of the negative multiplier effect it would on the economy.

According to Wike; “Anything that will affect the economy of Rivers State, we will always fight it. It is about Rivers State “.

He commended the management of the NLNG for offering to partner with the Federal Government to construct the all-important Bodo –Bonny Bridge.

“I thank you for the Bodo-Bonny Bridge, Wike stated adding; “I hope it is not political. I have always advocated for this important bridge. I thank the NLNG for telling the Federal Government that they are willing to put down money for the construction of the bridge “.

He pointed out that the people of the South-South geo-political zone always agitate for better investment of their resources in their respective communities because of the neglect they continue to suffer He said: “A big company like NLNG Limited generates funds for the country, yet the Bodo-Bonny bridge that will create access to Bonny has not been constructed.  ”

The governor regretted that the focus of the Federal Government is on the major ethnic groups, saying that because the Hausas and Igbos are involved in conflict, a national meeting has been called.

“When it is South-South, Nigeria never called a meeting. But because Arewa has given a quit notice to Igbos and Igbos have replied, now we are to sit down and talk. But when the problem was here, nobody said sit down and let’s talk about these people’s problems.

“Those who are causing this crisis are those who refuse to listen to the yearnings and cries of the people”, Governor Wike said.

He charged the management of the NLNG Limited to bring the construction of the Ship Building Dockyard to the state for the improvement of the economy of Rivers State.

The governor also called on the NLNG Limited to act on the agreement it entered with the Rivers State Government for the rehabilitation of schools with the sum of N4billion.

Earlier, the Managing Director of NLNG Limited, Mr Tony Attah appealed to the Rivers State Government to work with other stakeholders to ensure that the NLNG Limited bill is not amended as it will negatively affect the operation of the company in the international stage.

He said that the NLNG Limited is operating 6 trains which generates more than 20million tones of liquefied natural gas which makes it the fourth in the global ranking of LNGs adding that the NLNG Limited is building trains 7 and 8, which will take the capacity of the NLNG to 30million tones and make it third in the world.

He said: “I must say that the train7 and 8 which will be in Rivers State have the potential to bring more than 18, 000 jobs into the state with up to $20billion investments once we take the final investment decision “.

He said the amendment of the NLNG Limited Act will lead to loss of international confidence, which would have negative effect on the economy.

“It will be most unfortunate. We believe that if this bill is amended, it will not be  good for NLNG, it will not be good for Rivers State and it will not be good for the oil and gas industry”, he said.