Nigerian Government Clears $3.81bn Cash Call Arrears
Sep 5, 2022 ·
46s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
The Federal Government, through the Nigerian National Petroleum Company Limited, has paid $3.81bn cash call arrears in joint ventures to international oil companies. Figures showed that the $3.81bn repayment was...
show more
The Federal Government, through the Nigerian National Petroleum Company Limited, has paid $3.81bn cash call arrears in joint ventures to international oil companies.
Figures showed that the $3.81bn repayment was done as at May 31, 2022, leaving an outstanding balance of $873.34m.
The total negotiated debt between the government and the five IOCs was put at $4.68bn.
show less
Figures showed that the $3.81bn repayment was done as at May 31, 2022, leaving an outstanding balance of $873.34m.
The total negotiated debt between the government and the five IOCs was put at $4.68bn.
Information
| Author | Africa Business Radio |
| Organization | Africa Business Radio |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
