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Oil Block: FG Targets N939bn From Licences Renewal

Oil Block: FG Targets N939bn From Licences Renewal   The Federal Government is looking to earn a total of N939bn from the renewal of oil blocks by operators in the nation’s oil and gas industry next year. The revenue from signature bonuses, renewals and early renewals would...

Oil Block: FG Targets $2bn From Licence Renewal

Oil Block: FG Targets $2bn From Licence Renewal   The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said the Federal Government is targeting about $2bn from the renewal of oil and gas leases. Kachikwu disclosed this on Wednesday while fielding questions from journalists at...