Business News

Akwa Ibom: Oil firms assure host communities of payment of 3% operational expenditure

  Indigenous oil firms, the Frontier Oil Ltd and Savannah Energy, Uquo Gas Ltd have assured affected communities of prompt payment of 3 per cent operational expenditure, Opex, as contained in the Petroleum Industry Act 2021. The Managing Director/Chief Executive Officer of Frontier Oil Ltd, Engineer Dada Thomas spoke at the weekend during the inauguration […]