FG owes oil firms $8.1bn in cash calls

The Federal Government owes oil companies at least a total of $8.06bn in unpaid cash calls, as the Nigerian National Petroleum Corporation failed to pay $3.06bn in the first seven months of the year. The nation’s oil and gas production structure is majorly split between Joint Ventures onshore and in shallow water with foreign and […]

FG owes oil firms $8.1bn in cash calls

...Continue to read

SHARE   

0 Comments
Comments

Read Comment Policy
We have Zero Tolerance to Spam. Chessy Comments and Comments with Links will be deleted immediately upon our review.