Nigeria: Govt to Bar Multinational Oil Firms From Exporting Crude

20 February 2018

The federal government hinted yesterday that it is putting necessary measures in place to stop multinational oil firms from shipping out all the crude oil they produce in Nigeria.

It also stated that it would compel Shell Petroleum Development Company, Exxon Mobil, Chevron and other multinational firms operating in Nigeria's upstream sector to build refineries for local production in the country.

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