The Federal Government (FG) , on Friday, said the total gas flare penalty collected from oil and gas companies from January 2023 till date is $85.1m, representing N44.4bn at the average exchange rate of N521.2/$ in 2023. It explained that the flare gas administration should not be viewed as a sustainable revenue stream, as the … Continue reading FG- Gas Flare Penalty Hits N44.4bn In Six Months