29 September 2016, Abuja – 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 […] More »
Govt owes oil firms $8.1bn in cash calls
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