GAS SUBSIDIARY RELOCATION

NIGERIA’S CAPACITY TO ATTRACT ENORMOUS INVESTMENTThe Nigerian National fossil fuel Corporation (NNPC) says it’s no plans to relocate its Gas selling Subsidiary, Nigerian Gas selling Company restricted (NGMC), from Warri to capital of Nigeria. INAUGURATION: From left: NNPC GMD, Dr. Maikanti Baru (right) with some members of the fresh inaugurated board of NNPC Retail restricted in capital of Nigeria these days. Within the middle is that the Board Chairman, EngrSaidu Mohammed, United Nations agency is additionally NNPC Chief Operating Officer, Gas and Power and director of the corporate, Mr. Yemi Adetunji. The Corporation disclosed this during a statement issued by man Ndu UghamaduNNPC cluster head, cluster Public Affiars Division,

in Abuja, on Friday. It additionally same that the putative plans to pay N120 million as yearly rent and another N294 million to relocate NGMC to capital of Nigeria were false and will be discountenanced by members of the general public. It same the clarification was imperative due to a dishonest report on the putative relocation and allocation of the large sums of cash for that purpose as broadcast within the social media by a bunch. It delineated the information by the cluster as malicious and capable of inciting the general public, significantly NGMC’s host communities, against the corporate. NGMC remains committed to staying and death penalty it business operations within the Niger Delta. “The company is poised to sustaining the prevailing relations between it and its reputable stakeholders and members of the general public,”the corporation additional.(NAN)

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