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Nigeria's State Oil Firm Withheld $25 bln From Government

Nigeria's state oil company failed to transfer 4.9 trillion naira ($25 billion) to the public purse between January 2011 and December 2015, an official body said on Tuesday. President Muhammadu Buhari, who was elected a year ago, has vowed to crack down on mismanagement and corruption in Africa's biggest economy which have left most of the 180 million Nigerians mired in poverty despite the country's energy wealth. Buhari fired senior staff at the Nigerian National Petroleum...

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