TRAIN 7 IS NIGERIA’S GAS FUTURE: TINUBU BETS BIG AS $MULTI-BILLION NLNG PROJECT HITS 90% COMPLETION

GREATRIBUNETVNEWS–PRESIDENT Bola Ahmed Tinubu has declared that the completion of Nigeria LNG Limited’s Train 7 will power Nigeria’s gas-driven economic boom.

Tinubu spoke Thursday at the State House, Abuja, while receiving an NLNG delegation led by Managing Director, Adeleye Falade.

He said Train 7, now over 90% completed, will supercharge gas exports, create thousands of jobs, deepen local capacity and restore investor confidence.

“This project is critical to our plan to build a robust gas economy,” the President stated.

The briefing reviewed Train 7 progress and future expansion, plus key operational issues — LPG pricing and access, LPG trucking via Bonny-Bodo Road, revenue contributions, investment in Bonny-Bodo Road and social impact projects, and the need for a better business climate.

Congratulating Falade on his appointment, Tinubu said he assumes office at a defining moment.

“With Train 7 nearing completion, NLNG must convert our vast gas reserves into jobs, exports, industrial growth and long-term value,” Tinubu said.

“I congratulate you, Leye. Train 7 is at the centre of our national gas agenda. Its success matters not only to NLNG, but to Nigeria’s economic future.”

He lauded the progress recorded on Train 7, describing the project as a benchmark for delivery, partnership, Nigerian Content and investor confidence.

He assured the NLNG management that the Federal Government would continue to improve the business climate, provide greater regulatory clarity and remove bottlenecks to major oil and gas investments.

He added:“Nigeria is open for business, but it must be business that creates value at home – building capacity, supporting communities, protecting the environment and contributing to national prosperity. NLNG must continue to lead by example.”

Speaking, Falade thanked the President for his support and assured him that NLNG remained fully committed to the safe and successful delivery of Train 7 and to the company’s wider responsibility to Nigeria.

“Your Excellency, we appreciate your administration’s support for NLNG and for the wider gas sector. Train 7 is a strategic national undertaking. With the project now over 90 per cent complete, our immediate priority is to deliver the remaining work safely, efficiently and to the required quality, while preparing the plant for reliable and sustainable operations,” Falade said.

He hinted that the project would expand Nigeria’s LNG production capacity, support export growth, create opportunities for Nigerian workers and businesses, deepen local participation and generate greater long-term value from the country’s gas resources.

Commenting on LPG, Falade restated NLNG’s commitment to supporting the domestic market and improving access to cleaner cooking fuel for Nigerian households and businesses.

He called for coordinated action by the Federal Government, regulators and industry operators to expand domestic supply, improve storage and distribution infrastructure, eliminate avoidable costs and create a more transparent and efficient market that would make LPG more accessible and affordable to Nigerians.

“Improving LPG accessibility is important to Nigeria’s energy transition and to the wellbeing of millions of Nigerian households. NLNG remains committed to supporting the domestic market, but improving affordability requires coordinated action across the entire LPG value chain,” he said.

He sought the President’s support in addressing ease-of-doing-business challenges, particularly the proliferation of taxes, levies, charges and regulatory demands imposed by different levels and agencies of government.

He said multiple and sometimes conflicting fiscal and regulatory obligations increase operating costs, create uncertainty and can become barriers to existing operations and future investment.

He assured the President that NLNG was ready to align more closely with the administration’s development agenda and explore additional opportunities for partnership with the Federal Government.