Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company, amend changes to deepwater royalties made late last year and scrap key regulatory agencies in favour of new bodies, according to a copy of the bill seen by Reuters.
President Muhammadu Buhari has sent the bill to the Senate, which along with the House of Representatives must sign off on it before it can become law. Nigeria is Africa’s largest crude exporter…
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