Lack of transparency in contract, cause of restiveness in N-Delta – Okonjo-Iweala

Managing Director, World Bank, Dr Ngozi Okonjo-Iweala, said in China yesterday that lack of transparency and secrecy in government award of oil blocks led to the frostier relationship between multinational oil companies operating in Nigeria and the host communities. Speaking to Chinese investors with focus in Africa, she warned against secrecy in contracts award and […]

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