Friday 26 October 2012

Shameful. Shell, Total, Addax, Eni said to owe Nigeria Billions ofDollars in shady oil and gas deals...

A report on happenings in the Oil Sector spanning the last decade by a committee under the leadership of former EFCC chairman Mallam Nuhu Ribadu has indicted major oil and gas players. According to excerpts published by reuters , the report, which our Government has called a 'draft', billions of dollars accruable to the Federal Republic of Nigeria from Royalties, Gas Flaring Penalties and even Gas Sales have remain unpaid!!!

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