Seplat’s problem isn’t cash but how to spend it

by | March 9, 2018 1:55 am

Seplat Petroleum Development Company Plc is awash with cash to fund future capital expenditure, pay dividend and reduce debt. During the oil boom of the early seventies, former military ruler, General Yakubu Gowon once said that Nigeria’s problems aren’t money but how to spend. Seplat will have to deploy cash at its disposal to pursue…

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