FG to rake in $780m revenue from NNPC multibillion dollar agreement

Mele Kyari, group managing director Nigerian National Petroleum Corporation

The federal government has entered into an oil deep water deal that is likely to yield over $780 million in immediate revenue. The yield will be coming from some agreements to renew Oil Mining Lease (OML) 118 for another 20 years. The agreements were signed by the Nigerian National Petroleum C

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