VOL. XLV

No 31

5-August-2002

OPEC

Nigeria Scotches Talk Of Quitting OPEC; WillSeek Quota Rise At Appropriate Time

In a NigerianGovernment policy statement made on 1 August, OPEC President and NigerianPresidential Advisor on Petroleum Affairs Rilwanu Lukman said that Nigeriawould remain an active member of OPEC, dispelling earlier speculation that theWest African oil producer intended to leave the organization. Mr Lukman added during a newsconference that leaving OPEC was something that Abujawas...