OpeOluwani Akintayo 16 July 2018, Sweetcrude, Lagos — The Finance Commissioners’ Forum of the Federation Accounts Allocation Committee, FAAC have…
Browsing: Oil royalty
Isa-Dutse attributed the decline to the decrease in revenue from export sales of $42.94 million due to a decrease in crude oil production by 1.25 million barrels.
Crude oil production suffered due to leakages, sabotage, shut-ins and shut-downs at Terminals for maintenance and the Force Majoure declared at Forcados Terminal since February, 2016 subsisted.
30 November 2014, Bonny – The Jumbo Major House of Grand Bonny in Rivers State recently dissolved its former leadership…
