Historic: Malaysia’s very first oil well was discovered in Miri, Sarawak, in 1910, a time before ‘Malaysia’ even existed. While the ‘Grand Old Lady’, as the well is called now, is no longer operational, oil is still being pumped out of Sarawak and Sabah, and the states’ citizens worry that they are losing out on their own resources. — Filepic
THE front page of Sabah’s Daily Express newspaper yesterday screamed “No 20pc oil royalty for now”.
In a press conference in Kuala Lumpur on Friday, Finance Minister Lim Guan Eng delivered bad news to Sabahans and Sarawakians.
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