NNPC wants petroleum minister empowered to fix royalties

15 January 2017, Lagos – The Nigerian National Petroleum Corporation, NNPC, has proposed that the Minister of Petroleum Resources be empowered to set payable royalties. Bello Rabiu, NNPC Chief Operating Officer, Upstream, made the proposal in a presentation to the Joint House of Representatives Committees on the amendment of the PSC Act and an Act to establish […] More »