CONFIDEN TIAL DRAFT DEBT ISSUES
AGENCIES TO AGENCIES TO BALANCING BE DEBITED + BE CREDITED+ + AMOUNT AMOUNT AMOUNT
ROYALTIES
DPR FGN $3.027billion $3.027billion being being the outstanding from outstanding as the operators as at Dec. 2011 at Dec. 2011
GAS FLARING
DPR $58m balance outstanding in respect of gas flare penalty
SUBSIDY
NNPC $0.9b as NNPC to pay at 31st December the suppliers of arising from the Petroleum debt owed the Products arising supplier of from amount petroleum outstanding for products over 365days
Miscellaneous Debt
LOANS TO BPE
DPR N102.5b being miscellaneous amount due to be paid
FGN $58m to be collected from DPR being the outstanding in respect of gas flare penalty
FGN to collect the miscellaneous amount from DPR
FGN N798.6m NNPC N798.6m being loan to be collected granted to BPE from the FGN by NNPC as directed by the FGN
LOAN TO SAO TOME& FGN N700.5m NNPC N 700.5m PRINCIPE being loan to be collected directed to be from FGN given by NNPC PRESIDENTIAL CHOPPER
FGN N2.230b paid by NNPC
NNPC N2.230b to be collected from FGN
ROYAL SWAZILAND SUGAR COY
FGN N2.421b paid by NNPC
NNPC N2.421b to be collected from FGN
139
Of the N102.5b, N640m was reconciled