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Nigeria
Nestoil faces legal challenge from the NNPC

Reading time 2 minutes

Pushed to the brink by debt, the junior oil company owned by Ernest Azudialu-Obiejesi and Nnenna Obiejesi has been ordered to pay compensation to the NNPC for an unfinished pipeline project. Although it has managed to have the fine reduced, the state-owned oil company has already launched a counter-attack.

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