VOA News – Nigerian Opposition Criticizes Sale of Oil Blocks

No Comments » May 12th, 2007 posted by // Categories: Favorite Articles

The outgoing Nigerian government is entertaining bids in a last-minute auction on Friday of 45 oil exploration licenses. For VOA, Gilbert da Costa in Abuja reports that the plan is going ahead despite a court order not to sell two of them and widespread criticism over timing and transparency.

The Nigerian government says the sale of new oil drilling rights will grow reserves and production capacity, as well as generate income and attract new investment.

Read More:http://www.voanews.com/english/2007-05-11-voa25.cfm

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