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Fed Govt Saved N3.5trn On Oil And Gas Projects

Fed Govt Saved N3.5trn On Oil And Gas Projects     The federal government has saved N3.5trn ($8.5billion) as it achieves 42 per cent local content in $20.4bn oil and gas projects. The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote disclosed...

Nigeria’s Fragile Fiscal Regime May Stall $24bn Oil, Gas Projects

Nigeria’s Fragile Fiscal Regime May Stall $24bn Oil, Gas Projects         With the continued delay in the passage of the Petroleum Industry Bill (PIB) leading to a frigile fiscal regime mired by uncertainty, the African Energy Chamber (AEC), has said Nigeria and other African countries should...