Stowvat Investments Limited: NEITI urges govt to revisit transfer of oil asset to NPDC over alleged unremitted oil revenue

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

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Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Wednesday, 19 April 2017

NEITI urges govt to revisit transfer of oil asset to NPDC over alleged unremitted oil revenue

“The process for the transfer of Federation’s assets to NPDC does not seem to pass the transparency test. One of the upshots of this is the undervaluation of these assets, thereby depriving the Federation of optimal value for the assets,” NEITI stated. More »