Nigeria LNG Limited (NLNG) has generated more than $150 billion in revenue and exported over 6,000 liquefied natural gas (LNG) cargoes worldwide since it began operations.
The company said it has also paid more than $47.2 billion in dividends to shareholders and remitted over $10 billion in taxes to the Federal Government. In addition, NLNG has built an asset base valued at about $23 billion, making it one of Nigeria’s largest corporate contributors to government revenue.
The Managing Director and Chief Executive Officer of NLNG, Mr. Adeleye Falade, disclosed the figures on Tuesday during his first media briefing since assuming office on April 1, 2026.
The engagement, held in Lagos, highlighted the company’s achievements and outlined its plans to expand operations as Nigeria seeks to strengthen its position in the global liquefied natural gas market.
Falade said the company is progressing with the completion of its Train 7 project, which is expected to boost production capacity and increase LNG exports.
He also revealed that preliminary discussions have begun on the development of Trains 8, 9 and 10 as part of NLNG’s long-term expansion strategy.
The planned projects are expected to support Nigeria’s efforts to maximise the value of its vast natural gas reserves, attract investment and enhance the country’s role in the global energy market.
NLNG’s continued expansion is seen as a key driver of economic growth, government revenue and foreign exchange earnings, reinforcing the importance of the gas sector to Nigeria’s economy.
