Wednesday, 13 December 2017

Nigeria seeks to amend deep offshore oil act to raise crude revenue

Emeka Ejere || Nigeria is seeking to amend a law on deep offshore oil exploration and drilling, aiming to increase government revenue from crude sales when prices exceed $20 a barrel, Minister of State for Petroleum, Dr. Ibe Kachikwu, said on Wednesday. The country relies on oil for around two-thirds of its revenue and is…

The post Nigeria seeks to amend deep offshore oil act to raise crude revenue appeared first on Alabingo.

No comments:

Post a Comment