NCDMB receives N450m interim dividend from Waltersmith modular refinery

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The Executive Secretary hinted that NCDMB expects to receive an additional 30% of the outstanding N3bn dividend after the convening of AGM later this year. He added that the receipt of this interim dividend payment is a testament to the strong performance and profitability of Waltersmith Refinery and Petrochemical Company Limited. “The NCDMB is proud to be a part of this success and looks forward to continued collaboration with the company in the future,” he stated.

Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership. Nedogas Development Company Limited is a joint venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company and it culminated in the construction and commissioning of a 300 MMscfd Capacity Kwale Gas Gathering and injection facility located in the Umusam Community, near Kwale in Delta State, Niger Delta, Nigeria.

Source: News Formal (newsformal.com)

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