Lagos — Last week, a
new helmsman, Mr. Tony Attah, was appointed as the Managing Director
and Chief Executive Officer of the Nigeria Liquefied Natural Gas
Limited, (NLNG).
Attah's appointment
couldn't have come at a better time than now when the company needed
another thorough-bred professional in the oil and gas to continue with
the legacies of the immediate former boss of the company, Babs Omotowa.
Attah, who is a
professional also has the personality and is known to be imbued with the
vision for innovation, service and determination which not only stood
him out, but undoubtedly qualifies him as the arrowhead of the
institution. The NLNG was established in 1989 and it is owned by four
shareholders, namely, the federal government, represented by the
Nigerian National Petroleum Corporation, (NNPC) with 49% stakes, Shell
Gas BV, SGBV, 25.6%, Total LNG Nigeria Limited,15% and Eni International
(N.A,) N. V. S. a. r. l 10.4%.
Part of the reasons
for the impressive growth of the institution within few years was the
selection of its leadership who had left lasting legacies. For instance,
during the tenure of Omotowa, he among other things expanded and
deepened domestic LPG market, built ultra-modern engineering
laboratories across the country as well as launched a $1 billion NLNG
Vendors Financing Scheme.
He also provided
Bonny Kingdom with a 25-year master plan and N3 billion yearly
contribution for the provision of amenities. He initiated several
programmes that have garnered attention at both national and
international models. This is in addition to the securing of N60 billion
support of the Board to partly fund the Bonny-Bodo Road linking Bonny
Island to the mainland as part of the company's Corporate Social
Responsibility, (CSR), initiative.
During his tenure,
NLNG also earned in excess of $40 billion in revenue and returned over
$22 billion to Nigeria in dividend, taxes, feed gas purchases among
others. The company under his watch became the highest corporate tax
paying organisation in Sub-Sahara Africa and a major contributor to the
Nigerian economy. THE SUN
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