NLNG Revenue Hits $149.6 Billion, Dividends at $47.2 Billion

NLNG, under the leadership of Managing Director Adeleye Falade, announced its financial performance for 2026, revealing that it has generated over $149.6 billion in revenue and paid more than $47.2 billion in dividends to shareholders since its inception. The company has also remitted over $10.8 billion in taxes to the federal government after becoming tax compliant.

NLNG has built an asset base exceeding $22.9 billion and loaded over 6,285 LNG cargoes while supplying over 500,000 tonnes of Liquefied Petroleum Gas (LPG) annually to the Nigerian market. Falade highlighted the ongoing efforts to enhance operational efficiency and the importance of the Train 7 project, which is expected to increase production capacity from 22 million tonnes per annum (mtpa) to 30 mtpa and boost LPG production for the domestic market to 750,000 tonnes per annum.

The project is described as one of Africa’s largest LNG expansions, reflecting NLNG's confidence in Nigeria's gas future and its commitment to economic growth.