NBS Reveals Why Oil Sector Attracts Zero Foreign Investment in Q2
The report showed that the country had no foreign capital importation into the sector in the period under review.
The report showed that the country had no foreign capital importation into the sector in the period under review.
The report stated that government agencies, including the Nigerian Petroleum Development Company Limited and the Nigerian Upstream Petroleum Regulatory Commission, are accused of failing to remit $13.591m and $8.251bn to the public treasury.
With the recent arrest of the foreign bunkering vessel by the authorities of the Tantita Security Limited, owned by High Government Owezide Ekpemukpolo alias ‘Tompolo’, it is now clear to everyone that the company cannot only deliver on its mandate but…
NNPC Limited’s Group Chief Executive Officer, Mele Kyari, announced this during his meeting with Governor Abdullahi Sule in Lafia on Thursday.