The concluding parts of the Malabugate documentary are now streaming on TheCable YouTube channel.
The first part of the documentary, an insight into the $1.3 billion OPL 245 oil saga, aired on TVC News at 9pm on May 4.
The remaining two episodes detailing the saga are now live.
Produced by TheCable in partnership with the Cable Newspaper Journalism Foundation (CNJF), Malabugate unpacks over two decades of controversy surrounding one of Nigeria’s most prolific oil wells.
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The story begins from when the Sani Abacha military junta awarded OPL 245 to a company with no known track record, to how the licence was revoked, restored, and eventually flipped in a deal involving Shell, Eni, and a web of politically exposed players.
The report unfurls the complex dynamics at play within the global oil industry and Nigeria’s political sphere.
It also x-rays how power, politics and influence continue to shape the country’s oil sector.
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