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SNEPCo Pays FG N366bn Revenue For 2018 Oil ExplorationThe Shell Nigeria Exploration and Production Company Limited (SNEPCo), has disclosed the payment of N366 billion in 2018 as revenue to the federal government from its exploration activities. The company also made another N2.1 billion as statutory payment to the Niger Delta Development Commission, SNEPCo’s managing director, Bayo Ojulari, has said. Ojulari spoke to journalists […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Dogara to JVCs: Oil sharing quota unfavourable to Nigeria – Daily TrustThe Speaker of the House of Representatives, Yakubu Dogara, on Tuesday said the current oil production sharing formula with Nigeria’s Joint Venture Companies (JVCs) is not favourable to the country. It took you 3years and 11months to realize this .
Source: Daily Trust - 🏆 13. / 51 Read more »