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Nigeria: Reps secure 7 major oil firms’ commitment to settle $37.4m debt — Africa Links 24

Nigeria: Reps secure 7 major oil firms’ commitment to settle .4m debt — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2025-03-10 14:57:05

tiamin rice

The House of Representatives has secured the commitment of seven major oil companies to pay the $37,435,094.52 (approximately ₦58 billion) owed the country before August.

This is contained in a statement issued by the Spokesman of the House of Representatives, Rep. Akin Rotimi Jr., in Abuja on Monday.

Rotimi listed the affected companies as: Belema Oil, Panocean Oil Nigeria Ltd., Newcross Exploration and Production Ltd., Dubri Oil Company Ltd., Chorus Energy, Amni International…

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