Saturday 17 November 2018
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$56m Royalty Debt: Reps Threaten To Suspend Firm’s Operating Licence

LEADERSHIP An adhoc committee of the House of Representatives investigating oil revenue leakages and the activities of the Department of Petroleum Resources (DPR), yesterday directed New Cross Energy Limited to provide evidence of royalty payment or risk suspension of its operating license. Representatives of the oil firm, Adesina Shittu, while offering explanations before the committee, noted [ ] The post $56m Royalty Debt: Reps Threaten To Suspend Firm’s Operating Licence appeared first on Leadership New

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