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Tag: $3.501 Billion

NEITI: Nigeria’s Indebtedness To IOCs In Cash-call Hits $3.501bn

NEITI: Nigeria’s Indebtedness To IOCs In Cash-call Hits $3.501bn   Nigeria has significantly reduced the accumulated debt it owes International Oil Companies (IOCs) for cash-call for oil and gas production from $5.510 billion to $3.501 billion, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said. NEITI, in...