OPEC
Increase in Nigerian Equity Margin Expected to Go Ahead
Now that Nigeria's military government has appointed a new cabinet, with Mr. Tam David-West retaining his post as Oil Minister, measures to increase the profit margin enjoyed by equity holding producing companies in Nigeria - which were first mooted under the previous regime (MEES, 9 September) - are expected to go ahead as planned.
According to MEES sources, Mr. David-West told equity holding companies in Lagos last...
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