How to make money in oil and gas industry in nigeria
But when oil and gas prices rise, oil and gas stocks tend to rise with them. What Business Do you Think Made Most Nigerians Wealthy? Many Nigerians thought the developers were looking for palm oil. However, according to most sources by the early s the NNPC was characterised by chronic inefficiency and waste. In a pinch, however, you may have better luck selling shares in an MLP than in a non-publicly traded limited partnership. Then in a show trial he and eight others were condemned to death. Despite oil's prominent role in national affairs, up to this time, the Nigerian federal government had only limited involvement in the oil industry , and the government confined its financial involvement in the oil industry to taxes and royalties on the oil companies.