OIL & GAS

Wike opposes NLNG Act amendment

Rivers State Governor , Nyesom Wike, has stated that his administration will always defend the economy of the state and the South – South geopolitical zone and join forces with other governors from the zone to stop the amendment of the Nigeria Liquefied Natural Gas Act .

The governor also stated that agitation in the South – South had remained rife because the authorities had ignored the zone, even though it produces the wealth that sustains the nation , according to a statement by his Special Assistant on Electronic Media , Simeon Nwakaudu .

Speaking on Tuesday in Port Harcourt during a courtesy visit by the management of the NLNG Limited , Wike said that the state government would mobilise the state’ s representatives at the National Assembly to ensure that the firm remained in a good position to continue with its 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 have on the economy .

“ Anything that will affect the economy of Rivers State , we will always fight it. It is about Rivers State ,” the governor stated .

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

“ I thank you for the Bodo – Bonny Bridge . I hope it is not political . I have always advocated for this important bridge. I thank the NLNG for telling the Federal Government that it is willing to put down money for the construction of the bridge, ” the governor stated .

He pointed out that the people of the South – South always agitate for better investment of their resources in their respective communities because of the neglect they continued to suffer .

“ A big company like the NLNG Limited generates funds for the country , yet the Bodo – Bonny Bridge that will create access to Bonny has not been constructed ,” Wike said .

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