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Nigeria To Earn $5.60bn In Taxes, Royalties From Schlumberger Deal

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the weekend said that the execution of the final contractual agreement between the NNPC/FIRST E&P JV and Schlumberger had the potential of making the country earn substantial revenues from taxes and royalties. Specifically, Baru projected that the deal  could generate the […]