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Nigerian President Dissolves State Oil Company Board

Nigeria's new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer. Inaugurated on May 29, Buhari came to power on an anti-corruption ticket and a pledge to make the sector that provides 80 percent of government revenues more transparent. "The president has said he will clean up the oil sector. That is the beginning of the clean up," said the president's...

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