Govt loses $7bn to Deep Offshore, Inland Basin Act, says Falana

06 July 2015, Lagos – A constitutional lawyer and Senior Advocate of Nigeria (SAN), Mr. Femi Falana, has stated that the fiscal incentives given to the oil companies operating in Nigeria in the Deep Offshore and Inland Basin Production Sharing Contract Act of 1999 have led to the loss of $7 billion by the federal government. […] More »