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Royalty interest management strategy and cost of oil and gas production in the Nigerian Niger- Delta

This study examined royalty interest management strategy and cost of oil and gas production in the Nigerian Niger-Delta. The respondents were sixteen opinion leaders from two oil and gas bearing communities in Rivers State. The survey research design was adopted for the study. The spearman rank order correlation coefficient was used to test the hypotheses. Results indicated that there is a strong and significant relationship between royalty interest and oil and gas production; and there is a positive and significant relationship between resource control and Niger-Delta development. It was conc…

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