Explain how we lost $60 billion oil revenue” Femi Fallana writes to minister of petroleum

SAN and right activists Femi Falana, has asked the Minister of State for Petroleum Resources, Ibe Kachikwu, to explain the “loss of $60 billion oil revenue”.

Falana made the demand via a letter dated April 10, 2019, an additional copy was forward to Channels Television on Sunday

In addition, He said the Federal Government refused to accept the said sum from International Oil Companies (IOCs) as at August 2017.

He urged the Minister to provide details on how the nation lost $60 billion oil revenue from non-implementation of Production Sharing Contract (PSC) terms between the government and the IOCs.

Read Falana’s letter below



Bueze is a Senior Content Creator at Gutsynaij News. He is a Journalist|| Writer|| Digital Media Strategist || Web Designer #ProudProduct of The Nigerian Institute of Information Extensionst(NIE) ||Die-hard Liverpool fan. Proudly from Imo State, Eastern Nigeria.

Leave a Reply

%d bloggers like this: