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Vol 50 No 23

Published 20th November 2009


Big oil and small print

The differences seem to be narrowing between the presidency and the critical stakeholders: indigenous and international oil companies, the Nigerian National Petroleum Corporation (NNPC) and the Federal Inland Revenue Service. The joint Senate committee on the Petroleum Indistury Bill has asked for a two-week extension to incorporate changes such as the presidency's 10% oil equity for the nine oil producing areas. Shell's Chief Executive, Peter Voser, has visited President Umaru Musa Yar'Adua and Shell has promised to cooperate with the government's post-amnesty programme.

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