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TUESDAY 18TH JUNE 2024

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New Report Says Nigeria’s Liquefied Natural Gas Expansion Drive Faces Severe Future Risks Lists shrinking EU consumption, high cost of production as downsides

Emmanuel Addeh in Abuja

Although Nigeria is embarking on massive expansion of its Liquefied

Natural Gas (LNG) footprint with many big ticket projects, like the Train-7, there are several risks to be surmounted by the country, a

new report has said. In the new study, the International Institute for Sustainable Development (IISD), an award-winning indepen-

dent think tank, said it found that replacing oil revenues with LNG export revenues might seem like a plausible economic pathway, but that

the approach was not without risks. The report titled, “A Balancing Act: Considerations for the Expansion of Liquefied Natural Gas Projects

in Nigeria,” and was written by Bathandwa Vazi and Richard Bridle. Continued on page 9

Military Rescues 35 Women, Children in Lake Chad, Airstrikes Kill Over 80 Terrorists in Katsina... Page 16 Tuesday 18 June, 2024 Vol 29. No 10660. Price: N400

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Netanyahu Sacks War Cabinet Amid Growing Pressure... Page 21

Tinubu's Reforms Meant to Refocus Economy for Sustainable Growth, Says Kwara Governor Pleads for patience from citizens

Hammed Shittu in Ilorin

Kwara State Governor and Chairman,

Nigeria Governors’ Forum (NGF), Alhaji AbdulRahman AbdulRazaq, yesterday, said ongoing reforms by

President Ahmed Bola Tinubu were meant to refocus the economy and achieve long-term sustainable growth

for the country. Speaking in Ilorin, while receiving the Emir of Ilorin, Alhaji Ibrahim

Sulu-Gambari on Sallah homage at Government House, AbdulRazaq, called on the people of the country

and royal fathers to rally support Continued on page 9

Rivers LGs Crisis: Showdown Looms, Armed GroupVows to Sack Council Chairmen CP to troublemakers: steer clear, don’t be used as cannon fodder Asari Dokubo urges council heads to vacate office immediately Invoke ‘doctrine of necessity’ to stop impending anarchy, group urges National Assembly Story on page 9

Education leaders meet at UNESCO to take stock of transformative actions in SECTOR...

L-R: Minister of Education, Chad, Mr Mamadou Gana Boukar; Minister of Education, Ghana, Dr. Yaw Osei Adutwum; World Bank Vice President for Human Development, Mamta Murthi; Minister of Education, Brazil, Mr Camilo Santana, and Edo State Governor, Mr. Godwin Obaseki, after a panel session at the Accelerating Progress Towards SDG 4: Stocktake of Transformative Actions in Education convened by the SDG4 High-Level Steering Committee, held at the UNESCO Headquarters in Paris, France, ... yesterday


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TUESDAY 18TH JUNE 2024 by THISDAY Newspapers Ltd - Issuu