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Nigeria

A forced reset for NNPCL after Tinubu’s executive order targets oil and gas revenues

President Bola Tinubu has launched a raid on the Nigerian National Petroleum Company (NNPCL)’s treasure chest in an effort to bolster dwindling revenues to the federation account, in a move that could test the survival of the state-owned energy firm and place pressure on the nation’s oil production and potential reserves. On 18 February, President […]

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