VOL.XXXVI
NO.16
18-JANUARY-1993
OPEC
Nigeria Should Stay in OPEC, Says New Oil Minister
Nigeria's new Minister of Petroleum and Mineral Resources, Mr. Philip Asiodu,said on 11 January that Nigeria should stay in OPEC and not blame theOrganization for his country's economic problems. He said OPEC had served as acounterforce to market manipulation by oil consumers, and predicted that OPECwould regain dominance of the world energy scene within the next five years. Mr.Asiodu's comments follow...
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