OPEC
Nigeria to Renegotiate Barter Deals
According to a cabinet office statement in Lagos on 3 December, the Nigerian Government now plans to renegotiate all the oil barter deals concluded under the former regime of Gen. Muhammadu Buhari. The statement said that a panel set up to investigate the deals had found "serious procedural irregularities" - including deficiencies in planning, pricing, and the management of special bank accounts set up for this purpose - and that...
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