Jump to navigation

Vol 50 No 23

Published 20th November 2009


Nigeria

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.

End of preview - This article contains approximately 356 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.