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Monday 25 June 2018

NEITI seeks urgent review of production sharing agreements

NEITI seeks urgent review of production sharing agreements

Ike Amos 24 June 2018, Sweetcrude, Abuja — The Nigeria Extractive Industries Transparency Initiative (NEITI), has demanded an immediate review of the Deep Offshore and Inland Basin Production Sharing Agreement between Nigeria and oil companies, stating that the country was losing billions of dollars over failure to review the obsolete agreement. NEITI, in a statement …

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