Managing Director of Nigerian LNG (NLNG) Limited, Tony Attah, says oil and gas companies have invested over 30 billion US dollars (N10.8 trillion) in Bonny Island, Rivers State.
Mr Attah disclosed this on Sunday at the end of weeklong activities marking the company’s 20/30 Anniversary Celebration.
NLNG used the occasion to celebrate its 20 years of operation in Bonny and 30 years of incorporation as a company.
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NLNG, Attah said, invested parts of the huge sum to build gas plants, known as Train 1, 2, 3,4, 5 and 6 as well as the on-going construction of Train 7.
He spoke on the “combined scale of investment” of notable oil and gas giants in Nigeria.
“This community is home to notable oil and gas giants in Nigeria whose combined scale of investment in the Kingdom is more than $30 billion in assets.
“It is therefore only expected that Bonny should command significant recognition as a preferred investors and tourists’ destination,” he said.
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Attah further said the company has completed construction of Airstrip that could receive more than 60-passenger capacity aircraft, making it one of the largest airstrip in Africa.
He said the company has provided N60.3 billion counterpart funding for the construction of N120.6 billion 34-kilometre Bonny-Bodo road project connecting Bonny Island to rest of the country.
“The on-going road project, which we are co-sponsoring with the Federal Government, is expected to be completed within 48 months, thus triggering development and tourism in the area.
“We have also launched the malaria elimination initiative as well as the Bonny Community Health Insurance Programme in conjunction with Rivers State Government to provide affordable healthcare for the people.
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“The company achieved these milestones due to the cordial and peaceful relationship existing between Bonny and Nigeria LNG in the last 20 years,” he added.
Attah later laid the foundation for the reconstruction of Bonny Consulate Building, a historic building once used by slave merchants to transport slaves abroad.
The managing director said the building would be equipped with a museum, library, movie hall, radio station, cafe, seminar/exhibition hall, souvenir shop and offices.
According to him, the company is poised to making Bonny Kingdom the Dubai of Africa and top business and tourism destination on the continent.
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Speaking, the Amanyanabo of Bonny Kingdom, King Edward Pepple thanked NLNG for transforming the kingdom and assured the company of peaceful coexistence of residents.
“We thank this outstanding company for respecting the soul of this kingdom by positively touching on every aspect of our existence,” he added.
The high point of the weeklong activities was the presentation of 100,000 US dollars prize to Jude Idada, winner of the 2019 Children’s Literature and award of N132 million worth of scholarship to 12 graduates to pursue master’s degrees in the United Kingdom.
