JOINT INDUSTRY COMMITTEE (JIC)
In a bid to actualise its community relations programmes, Nigeria LNG is also leading other operators on Bonny Island comprising Mobil Producing Nigeria Unlimited and Shell Petroleum Development Company of Nigeria (SPDC) in a Joint Industry Committee (JIC).
For this purpose a multi-billion naira projects Memorandum Of Understanding (MOU) was signed between NLNG, Mobil, SPDC and the Bonny Kingdom aimed among other things at:
Pooling resources together to execute bigger projects and eliminate duplication of efforts
Through the JIC, projects that would ordinarily not have been possible for any of the companies to execute individually have been executed on Bonny Island with Nigeria LNG bearing 50% of the cost while Mobil and Shell contribute 30% and 20% respectively.
The company's partnership principle has found expression in joint efforts to build, maintain and sometimes renovate classroom blocks, bore holes, town halls, roads, etc, in Bonny Island.
The MOU is expected to provide Bonny two major roads of 2.7km, improved electricity, water supply and accelerated future development of the Island through the design and implementation of a Bonny Master Plan.
JOINT INDUSTRY COMMITTEE PROJECTS:
• 2.7 km link road along existing embankment to Abalamibie
• 2.7 km Bonny by-pass road
• Provision of higher capacity power distribution network
• Bonny town water scheme
• Abalamabie Water extension and
• Production of a master plan for Bonny