February 14, 2016/Reuters Nigeria is in talks with oil majors and banks to raise capital for new drilling and to repay up to $4 billion in debt that the state oil firm has accumulated over years of mismanagement, the firm’s head told Reuters. Emmanuel Ibe Kachikwu, who is also the […]
Tag: Diezani Allison-Madueke
Special Report: Loopholes Revealed In The Ribadu Committee Report Makes Passing PIB Imperative
Nigeria can block loopholes that have cost the federal government tens of billions of dollars in oil and gas revenue if the National Assembly approves the new Petroleum Industry Bill (PIB). Nigeria’s first female Petroleum Minister, Mrs. Diezani Alison-Madueke had in the first quarter of the this year commissioned a Petroleum […]
