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Nigeria targets sale of 40 percent of new state oil firm: draft bill

By Julia Payne and Camillus Eboh ABUJA (Reuters) - Nigeria plans to split state oil company NNPC into two to help ease a planned stake sale and wants to sell at least 40 percent of a newly created National Petroleum Co (NPC) in coming years, according to a draft of a long-awaited oil bill seen by Reuters.     The bill envisages the sale of at least 10 percent of NPC over five years and is ...
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Added April 08, 2016
from Yahoo Nigerian News