THE Nigerian National Petroleum Corporation, NNPC, weekend, said government revenue from upstream oil industry joint venture and production sharing contracts agreements would increase to $300 billion following passage of the Petroleum Industry Bill, PIB.
Dr. Mohammed Barkindo, NNPC's Group Managing Director, said this at a two-day workshop organised by the corporation in conjunction with the Federation Accounts Allocation Committee, FAAC, to improve understanding of the operations of the oil and gas industry in the country.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article