Nigeria is improving its commitment to repaying cash call arrears and in reforming fiscal terms in the Petroleum Industry Bill (PIB), moves that signal the country is ripening for fresh investments. The Nigerian National Petroleum Corporation (NNPC) has so far paid about 66 percent of its cash-call debts worth about $3.1 billion to five major… for further reading, click on https://businessday.ng/energy/oilandgas/article/inside-nigerias-plan-to-attract-oil-investment/
Source: BusinessDay Newspaper Apr 22, 2021