Nigeria Launches $200m Bailout For Oil, Gas Firms - Business - Nairaland
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| Nigeria Launches $200m Bailout For Oil, Gas Firms by DonXclusive: 1:29pm On Aug 26, 2017 |
 .........Nigeria Launches $200m Bailout For Oil, Gas Firms...... The Federal Government of Nigeria has launched an intervention fund with an initial value of $200m to support local oil and gas firms in the country. Speaking on the development on Thursday, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed that the intervention fund is part of measures to improve access to low-cost credit for oil...... Read more...at....https://donxclusive..com.ng/ |
| Re: Nigeria Launches $200m Bailout For Oil, Gas Firms by tigeress2011: 1:36pm On Aug 26, 2017 |
Lol....these our leaders ehn. Just purposely daring the youths to descend on them violently... |
| Re: Nigeria Launches $200m Bailout For Oil, Gas Firms by ultron12345: 2:27pm On Aug 26, 2017 |
Good move by the FG, heard the interest rates are going to be maximum 8%pa and maximum 5 years repayment time.......I am so happy for the directors and top management executives of the firms who will benefit from the fund, they indeed deserve it. |
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