President Bola Tinubu has given his support to the $5 billion floating Liquefied Natural Gas project to be established in the country.
The President threw his weight behind the project when a group of joint venture partners made up of UTM FLNG, TECHNIP Energies, and JGC Corporation visited him in the Presidential Villa.
Leader of the delegation and Group Managing Director of UTM FLNG, Julius Rone, told state House correspondents the multi-floating LNGs are being implemented with a $5 billion loan from AFRIEXIM Bank.
He said President Tinubu has assured that his administration would provide full support for the project because it fits into his program to revive the economy and provide more jobs.
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