Nadiya

[Svetlana]

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In a move nobody could've expected, the government owned fossil fuel extraction and refinement corporation, Nadcomp, announced their backing to the Luthorian bid for the oil field in New Englia.

In an online statement on the Nadiyan social media platform, Birdies, the corporation unexpectedly expressed their support for the Luthorian offer for the New Englian field alongside announcing start of phase one for the complete overhall of the entity according to guidelines put forward by the NCB's Commission for Humane Development and the TEF's Council for the Future of Mankind.

Nadcomp, officially named the Nadiyan Petroleums Compound, has been acting independently of the government's foreign policies ever since the end of the Kerisian war when they announced the start of their "Veins of Prosperity" project in coordination with Nadyrail, something the confederal government nor the republics publicly supported until the NCB announced their approval of the project and allocation of development loans to those two companies.

Many observers had expected Nadcomp to fall in line and support Egelion's bid for the New Englian field but the sudden divorce with the Egelian stance in favor of the Luthorian, and defacto MATO alligned side, has shocked many with the central government not releasing any statement concerning the matter. Instead they addressed the issue offhandedly by reaffirming the "independence of Nadcomp's board of directors from the affairs of the central government even tho we own the totality of the shares."

Furthermore, the state owned conglomerate announced the start of a major corporate overhaul of its leadership, structure, and finances with the assistance of the Terran Economic Forum and the Nadiyan Central Bank. The news raised some eyebrows among citizens as it awfully coincides with the second anniversary of Ophelia's inauguration as Chief Executive of the Confederation and the appointment of Alexandra Bacque to the governorship of the central bank, some see it as the start of corporatization of the Nadiyan economy as more state corporations openly adopt capitalist rhetorics whole some consider as a sign of Nadiya's fastly growing economy and importance in both Keris and Terra.

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Written by @NNN