Post Tagged with: "Nigeria Oil marketers"

Banks shun petroleum downstream players over huge debts

Banks shun petroleum downstream players over huge debts

Energy, Oil & Gas November 19, 2018 at 2:35 pm Comments are Disabled

Oil marketers in Nigeria recently raised the alarm over N650bn owed them by the Federal Government in subsidy arrears, saying the settlement of the debts owed them will save their assets from being taken over by banks. The government is currently indebted to members of: Major Oil Marketers Association ofRead More