Africa News Tribune

Latest Breaking News, Daily News and Hot News in Africa. African Politics, African Business, African Sports, Health and Technology ON!

Africa Business News

Nigeria hits oil firms with billions in taxes [Business Africa]

*20 billion dollars in taxes claimed by the Nigerian government from foreign oil and gas companies as royalties and exceptional taxes for oil and gas production.*

The amount is far too high according to Royal Dutch, Shell, Chevron, Eni or Total.

An amount that represents, according to the Nigerian National Petroleum Corporation, the exceptional royalties and taxes for oil and gas production. This may discourage investments that amounted to nearly 3.5 billion dollars in 2017 in the largest Afri…

Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans.
Africanews is the first pan-African multilingual media outlet, unique in its concept and vision.
Subscribe on our Youtube channel and receive all the latest news from the continent.

Africanews is available in English and French.
Website :
Facebook :
Twitter :

Original of the video here

Africa News
Africa Political News
Africa Business News
Africa Sport News
Africa ShowBiz News

Back to home page


Your email address will not be published. Required fields are marked *