Thursday 20 September 2018
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5 months ago

Nigeria:Nigeria Targets $14bn Annual in-Country Spending in Oil Gas Sector

[Leadership] The executive secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote, yesterday disclosed that out of the $20 billion spent annually by the International Oil Companies (IOCs) to engage foreign contractors, $14 billion would now be retained in-country in the next 10 years.

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