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How Nigeria's Bid To Boost Oil Royalties Could Backfire

Oct 31, 2019 | 18:33 GMT

After years of efforts, Nigeria's National Assembly has finally passed a bill to overhaul Abuja's relationship with the globe's major oil companies. On Oct. 29, the parliament passed a motion to amend the Deep Offshore and Inland Basin Production Sharing Contract Act of 1999 with the aim of earning Nigeria...

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