Govt to recover N1.3tr debt from NNPC, others

THE Federal Government is apparently set to recover about N1.3 trillion owed it by the Nigerian National Petroleum Corporation (NNPC) and other multinational oil companies. President Goodluck Jonathan hinted at this in Uyo, the Akwa Ibom State capital at the weekend while opening a retreat for the newly reconstituted Board of the Nigeria Extractive Industries Transparency Initiative (NEITI). Besides, the activities of petroleum pipelines vandals are not only depriving the government of about N105 ...
Read the rest of the story on Guardian News

Added November 25, 2012
from Guardian News