Indigenous Oil Producers May Collapse Over N3.4trn Debt Exposure
Many indigenous crude oil producers are on the brink of liquidation following the raging COVID-19 pandemic, an expert, Abiodun Adesanya has warned.
Adesanya, a former vice president of the Nigerian Association of Petroleum Explorationists (NAPE) lamented that...
FG Recorded N3.4tn Fiscal Deficit Last Year
Between January and December last year, the Federal Government recorded a fiscal deficit of N3.4tn in its operations, figures obtained from the Central Bank of Nigeria have revealed.
The 2018 budget, signed by President Muhammadu Buhari on June 20...
