FG Justifies Oil Exploration in North, to Reinvest Proceeds from JV Assets

FG Justifies Oil Exploration in North, to Reinvest Proceeds from JV Assets

• Records N1.6tn oil revenue, to increase excise duty on alcohol and tobacco Ndubuisi Francis and Udora Orizu in Abuja Despite its campaign for economic diversification, increasing global shift towards alternative and cleaner energy sources, and futile attempts in the past discovering oil in commercial quantities in Northern Nigeria, the federal government Tuesday justified the […]
Source: FG Justifies Oil Exploration in North, to Reinvest Proceeds from JV Assets

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post culled from thisdaylive