Govt owes oil firms N2.6tn in cash calls

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Govt owes oil firms N2.6tn in cash calls
16 November 2016, Abuja –  The cash call arrears owed oil companies by the Federal Government have swollen to over $8.5bn (N2.6tn), a development that has seen the government making moves to exit the Joint Venture cash call system. The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Maikanti Baru, disclosed this on Tuesday at […] More »
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