$900m BFPCL, COSCO vessel deal will reduce capital flight — Minister

The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has said the vessel acquisition deal between Brass Fertiliser Petrochemical Company Limited (BFPCL) and COSCO Shipping Lines Co Ltd, will promote Nigerian content and drive economic growth. The deal, which involves the construction of 16 methanol-powered shipping vessels, valued at $900 million, is set [...]

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