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Tag: Nigeria Indebted to IOCs with $5.1bn

Nigeria Indebted to IOCs with $5.1bn

Nigeria Indebted to IOCs with $5.1bn The Nigerian National Petroleum Corporation (NNPC) has put Nigeria’s indebtedness to international oil companies(IOCs) through the Joint Venture Cash call (JVC) at $5.1billion. The Chief Financial Officer (CFO) of NNPC, Mr. Isiaka Abdulrasaq, who made this disclosure while appearing before...