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FG alleges cheating on oil profits, seeks $62bn from five firms

The Federal Government says it expects about $62bn from multinational energy conglomerates that include Royal Dutch Shell, ExxonMobil, Chevron, Total and Eni, citing a 2018 Supreme Court ruling it says enables it to review and adjust oil production revenue sharing agreements, Reuters has reported. Attorney General Abubakar Malami said Nigeria had been “short-changed” of $62bn 
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Added October 10, 2019
from The Punch News