Bill would allow gov’t to choose all members of Natural Resource Fund board – -will enable withdrawal of entire deposit in first year

After more than sixteen months in office, the PPP/C government yesterday tabled its first oil and gas legislation which will permit, if passed, the withdrawal of the entire amount attributable to the Natural Resource Fund in the first fiscal year and be governed by a Board of Directors (BoD) which it appears will be handpicked by the administration.

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