Nigeria releases N591.3bn towards cash call repayment in 6 months

by | October 9, 2017 1:00 am

Between January and July this year, the Federal Government paid the sum of N591.3 billion as cash call repayment to five International Oil Companies (IOCs) including ExxonMobil, Chevron, Shell, Total and Eni but contrary to expectations, the investors are not beating down Nigeria’s door. According to the Nigerian Bureau of Statistics (NBS) data, the Federal…

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