Nigeria’s minister of state for petroleum resources, Timipre Sylva,N18.91 trillion — $62 billion from international oil companies.federation, Abubakar Malami, believes the country should haveProduction Sharing Contracts signed with the firms in the 1990s.Federal Executive Council meeting in Abuja.can’t get $62 billion. We can maybe get something from them but notFive oil companies – Shell, Chevron, ExxonMobil, Eni, and Total, haveattempt by the government to review the PSC.
With this bill now, theregovernment will get a lot from the oil companies, especially theirThe companies had earlier told the news agency that they do not agreecourt. Section 16 of the act provides for the contract terms to beOn Tuesday, the Senate adopted a report by the joint committees onThe details of the amendments made are sketchy at this time.executive requested that section 16 of the act be amended with thefrom royalties as oil prices increase.
Because most of you are foolish and inept
Missed Government of Misses...
Same old story
Mtcheeew
Buhari,,not Nigeria