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Oil Archives » Page 17 of 30 » OGONI NEWS - Latest News from Ogoniland

PIB: NNPC Faults Mitee on 13% Derivation

The Petroleum Industry Bill (PIB) team of the Nigerian National Petroleum Corporation (NNPC) has faulted recent comments credited to the Chairman of the Nigerian Extractive Industries Transparency Initiative (NEITI), Mr. Ledum Mitee, that the PIB would deny oil-producing states the 13 per cent derivation they currently enjoy if the bill is passed into law. The […]