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Nigeria: 10 Percent Stake Won't Affect Oil Companies, Says Govt
This Day, 21 October 2009
The Federal Government has moved swiftly to allay the fears of International Oil Companies (IOCs) over its plan to allocate 10 per cent of its joint venture businesses to… Read more »
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Nigeria: Govt Earmarks U.S.$950 Million 'Stimulus' for Niger Delta
This Day, 20 October 2009
It emerged yesterday that President Umaru Musa Yar'Adua has directed that Federal Government's share of the $2 billion stimulus package just released into the economy should be set… Read more »
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Nigeria: Niger Delta Communities to Get 10 Percent of Oil Wealth
This Day, 20 October 2009
The Federal Government has confirmed THIS-DAY's exclusive report that it plans to plough 10 per cent of the money it makes from Niger Delta oil back into the region by way of… Read more »
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Nigeria: Niger-Delta to Get 10 Percent of Oil Wealth
Daily Trust, 20 October 2009
A ten percent equity holding in Nigeria's oil industry is to be given to the people of the Niger Delta region in furtherance of President Umaru Yar'adua's program of restoring… Read more »
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Nigeria: FG to Give 10 Percent Oil Revenue to Niger Deltans
Leadership, 19 October 2009
In order to stem the resurgence of militancy in the Niger Delta, the Federal Government is planning to spend about $376.8 million or about 10 per cent of its total income from oil… Read more »
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Nigeria: 10 Percent Oil Revenue for Niger-Delta Communities
Vanguard, 20 October 2009
The federal government plans to plough 10 percent of the money it makes from the Niger Delta oil back into the oil-bearing communities in a bid to put a permanent end to agitations… Read more »
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Nigeria: Economic Crisis - Stakeholders X-Ray Deregulation, Stimulus Package, Niger Delta Crisis
Daily Champion, 19 October 2009
Apart from the bruising effects of the on going Central Bank of Nigeria (CBN) purge in the nation's financial system, emerging moves by the Federal Government to jam park the… Read more »