First Lady of the Nigeria, Hajia Aisha Buhari, has unveiled a new vessel of the Nigeria Liquified Natural Gas Company (NLNG) billed to join in the fleet of the gas company.
Nigeria is reported to have generated at least $10 million from the sale of quality materials to Korean shipyards in recent times. Nigeria also produces 22 million tonnes of LNG per annum which is sold to North America and Europe by the ships.
Hajia Buhari while unveiling the new vessel at the “naming ceremony“ in Seoul, South Korea said its acquisition would add to the growth of export related businesses that would also improve revenue generation for Nigeria.
The new vessel named LNG ABUJA 11, which was built by Samsung and Hyundai heavy industries, South Korea was specifically billed for Bonny Gas company, a subsidiary of the NLNG Limited.
The new vessel was also built with local content that earned Nigeria vast export revenues. A good number of some Nigerian youths were part of the crew in the new vessel.
Mrs. Buhari who expressed joy at the ceremony because of Nigeria’s input in building the vessel, said in her remarks;
“Nothing makes me proud than the knowledge that Nigerians and Nigerian companies actively participated and benefited directly from the construction of the new (ship) vessel. The ship has Nigeria written all over it.”
She also highlighted the necessity of providing avenues for businesses to achieve their full potentials to compete, grow and deliver long term value, despite Nigeria’s current process of transformation to improve the quality of people’s lives.
“I stand by this principle because that is how great countries like south Korea were built.
“For example, more than $10 million dollars was generated from the export of quality Nigerian materials to Korean shipyards,” stating that Nigeria and South Korea under the present administration shared the same vision in the development of human capital and job creation.
She expressed confidence that despite challenges in the global energy sector, the two countries would continue to occupy important positions with respect to international energy security and development, and that participating companies in the sector will continue to export to shipyards across the world and make Nigeria to shine in every shore for increased economic development.