Business FG Earned N1.662trn From Oil Block License Renewals, Royalties In One Year – Nairaland

Minister of State for Petroleum Resources Ibe Kachikwu says the Federal Government, through automation initiatives by the Department of Petroleum Resources (DPR), has realized over N1.66 trillion from royalties and renewal of oil block licenses within one year; about 80 per cent rise against the previous year’s. Speaking in …

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