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Nigeria to lose $10bn in oil and gas lease renewal – Senate

By
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On 18th July 2018
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At 3:01 pm
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In Business
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The Senate on Wednesday said Nigeria stands the risk of losing $10 billion in the ongoing lease renewal being undertaken by the Ministry of Petroleum Resources and the Department of Petroleum Resources (DPR). This, it attributed to what it called illegal discounts and rebates in the process of lease renewal. Consequently, it mandated its Committee…

Please visit https://www.businessdayonline.com/companies/oilandgas/article/nigeria-lose-10bn-oil-gas-lease-renewal-senate/ to access this member content.

The post Nigeria to lose $10bn in oil and gas lease renewal – Senate appeared first on BusinessDay : News you can trust.

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