Tag Archives: Rejects

South Sudan: Govt Rejects Call for Oil Contract Suspension

Juba — The South Sudanese government says it would not relent to recent demands for suspension of all new oil contracts, arguing that such a decision was not in the country’s best interest. “We cannot agree that a moratorium on petroleum contracting is at this time in the best interests of the citizens of the […]

Nigeria: Unaccounted U.S.$49.8 Billion – Senate Rejects Recommendation On Fuel Subsidy Removal

Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, on the non-remittance of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC), the Senate yesterday deliberated on the report […]

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