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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 33 companies failed to pay the required signature bonuses for the 2020 marginal field bid round within the 45-day window.
The Federal Government yesterday, in Abuja, said about N174 billion was raised from the 2020 Marginal Field Bid Round (MFBR) as about 33 awardees are set to lose out after failing to make payment.
Conflict resolution specialist at the Conflict Resolution Centre Andre Vlok has advised his employer clients that it is risky to dismiss people for refusal at this stage.
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