NLNG gets FG’s ₦20bn tax waiver

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A waiver of N20 billion has been granted the Nigeria Liquefied Natural Gas (NLNG) for construction of Bodo Bonny Bridge in Rivers State.

The Federal Inland Revenue Service (FIRS) presented the road infrastructure credit certificate to LNG in Abuja on Thursday.

Reports say NLNG has so far received three credit certificates in the last three years valued at ₦46billion as that of thursday is the third while the fourth is expected later in the year.

President Muhammadu Buhari signed Executive Order Seven (07) in 2020 authorising companies that provide critical infrastructure like roads to be granted tax waivers.

The Bodo Bonny Bridge and roads across Okpobo channels in Rivers State were constructed by Julius Berger at a cost of ₦120.681 billion.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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