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Nigeria seeks $62bn arrears from IOCs

PUBLISHED: Fri, 11 Oct 2019 12:40:25 GMT

The Nigerian government is seeking about $62billion from international oil companies as arrears from the Production Sharing Contract on petroleum sales if crude prices exceed $20. To discuss more on this story Adeoye Adefulu, Partner at Odujinrin and Adefulu joins CNBC Africa.


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