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Nigeria Could Lose OPEC Status If It Signs New Oil Bill

Nigeria Could Lose OPEC Status If It Signs New Oil Bill

August 30, 2018 No Comments

While Nigeria’s President Muhammadu Buhari is said to be withholding signing the country’s new petroleum bill into law over concerns that it strips the president of powers over the industry, a former manager at the Nigerian National Petroleum Corporation (NNPC) warns that Nigeria could lose its membership in OPEC if the bill becomes law. If […]