Government willing to negotiate oil royalties increase with Sarawak, says Najib

MIRI: The Federal Government is willing to negotiate Sarawak’s request to increase oil royalties from 5% to 20%, said Prime Minister Datuk Seri Najib Tun Razak.

“The State Assembly has approved a motion to seek an increase of oil royalties from 5% to 20%. Chief Minister Tan Sri Adenan (Satem) has whispered in my ears about this,” said Najib at the National Level Gawai Dayak celebrations in Miri, Monday night.