Word: mallam
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Dates: during 1980-1989
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...price is based. The Saudis used to insist that the "differential" should be $3, but more recently have reportedly been willing to accept $1.50. Even at that, the official OPEC price would have to fall to $28.50 to make it competitive with $30 Nigerian oil. In Lagos last week, Mallam Yahaya Dikko, Nigeria's top petroleum official, stood behind his nation's pledge to match any further reduction in the price of North...
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