Energia Chairman Laments Funding Hurdle For Local Oil Producers

THISDAYLIVE | 23-10-2026 03:34pm |

*Says operators pay double for same loan abroad Peter Uzoho Chairman of Energia Limited, Mr George Osahon, has decried the huge disparity in financing costs for indigenous upstream oil and gas operators, saying Nigerian banks charge nearly double what their overseas counterparts charge for the same facility, stalling investment and production growth. Osahon stated this during a panel session at ...

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