Nigeria to Share $1.8 Billion LNG Revenues to Cover Debt

By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria will share $1.8 billion of Liquefied Natural Gas (LNG) revenues, according to a Reuters report.

The report says the largesse would be shared between the federal, state and local governments to cover a growing backlog of debt, Reuters quoted the finance ministry as saying late on Monday.

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