“Drill or Drop”: Nigeria Tells Oil Firms to Stop Treating Licences as Trophies
“Drill or Drop”: Nigeria Tells Oil Firms to Stop Treating Licences as Trophies For decades, owning an oil block in Nigeria could signal status as much as business intent. Companies won licences, filed them away and sometimes waited ten, twenty or thirty years. The federal government now says that practice is finished, and it has … Read more