By Toni Kan The year was 1990 and Nigeria had a military president and a medical doctor turned oil man was in charge of the nation’s oil ministry. With zero oil industry experience, the brilliant doctor set himself three quick tasks; midwife indigenous participation in the oil and gas industry, increase reserves as well as deep water production. To achieve the first, he supervised a discretionary oil licence bid round. At the end 11 Nigerian businessmen who had achieved success in other areas were issued licences. One of them was…
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