NPDC yet to pay $3.3 billion for 8 oil licenses acquired from NNPC — Report

06 May 2016, Sweetcrude, Houston — The Nigerian Petroleum Development Company, NPDC, is yet to pay $3.3 billion (about N650.1 billion), being the balance for eight oil licenses acquired between 2010 and 2012, a revised report by the Natural Resource Governance Institute, NRGI, has revealed. The NPDC is the upstream subsidiary of the Nigerian National […] More »