Browsing: Nigeria Petroleum Development Company

Osinbajo made the startling revelations at the Seventh Quarterly Business Forum in Abuja

However, the Joint Task Force in charge of security in the Niger Delta said the line attacked has become disused over time as it was earlier bombed by the militants

He, however, did not disclose the amount that the NPDC received from the NNPC for capital and operational expenditure

A reliable source in the company said that the agreement between the two parties was neither a divestment of asset nor transfer of operatorship but simply an alternative funding arrangement in order to meet the NPDC’s cash call obligations in the Oil Mining Leases 26, 30, 34 and 42 in question