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Business FG demands $62 billion from oil majors for past profits based on Supreme Court decision – The Guardian Nigeria News

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Nigeria Nigeria is seeking to recover as much as $62 billion from international oil companies (IOCs), using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts (PSCs).

The proposal …

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Read more via The Guardian Nigeria News – Nigeria and World News – https://ift.tt/2AWWU8V

Get more: Nigeria Business News
 
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