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Maroc Maroc - ENERGYFOCUSREPORT.COM - A La Une - 28/Jun 10:00

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors

-By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single,...

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