USD 80.5268

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Brent 66.42

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Natural gas 2.801

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147

Getting Nigerian Fileds Is More Difficult Now

Nigeria is going to strengthen bidding process

Getting Nigerian Fileds Is More Difficult Now

The Nigerian government said Tuesday that it would strengthen bidding process for contracts in the oil sector to enhance quality service delivery, transparency and accountability.

Oby Ezekwesili, head of the Nigerian Budget Monitoring and Price Intelligence Unit, told reporters in Lagos that "in few weeks time independent auditors that emerged from recent ITP will arrive the country for financial and physical audit of operations in Nigerian's oil sector."

"All contracts awarded in the oil sector must be open to local and international operators and all parties subjected to due process," Ezekwesili stated.

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