The statement said the vessel, named LNG ABUJA 11, was billed for the fleet of Bonny Gas Company, a subsidiary of the NLNG.

While performing the naming ceremony in Seoul, South Korea, Mrs. Buhari said the acquisition of the new vessel was an additional impetus to the growth of export related-businesses that would improve revenue generation for Nigeria.

"For example, more than $10 million dollars was generated from the export of quality Nigerian materials to Korean shipyards," the president's wife was quoted as saying.

She said the relationship between Nigeria and South Korea was in line with her husband's administration's goal of furthering the development of human capital and job creation.

She expressed confidence that despite the challenges in the global energy sector, both countries would continue to occupy important positions with respect to international energy security and development.

The president's wife said as Nigeria was undergoing a transformation process, it was necessary to provide avenues for businesses to achieve their full potentials.


Source: Daily news