The Court of Appeal in Abuja has upheld the claim of NorthWest Petroleum & Gas Company Limited over a 69.6% equity stake in Ede Marginal Field, Oil Mining Lease (OML) 67.

"I seriously feel that foreign partners must have 51 per cent stake, leaving 49 per cent for the Indian companies in JV for building DPR and construction of tunnels, to ensure that work is done ...