Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, has blamed foreign exchange volatility as the reason it is
FG Sets to Revoke 97 Marginal Oil Field Licenses - The Street Journal thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.
A few years ago, we did marginal field allocation, and almost 100 marginal fields (awards) were given, but only three, as I’m speaking to you today, are producing. The three years given to them are almost over. They will shout my name, but I’m going to cancel them.
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the federal government will revoke about 97 marginal field awards due to