Friday, April 19, 2024
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Tag "OMLs"

Addax OMLs controversy won’t affect our relationship, China tells FG

    Addax OMLs controversy won’t affect our relationship, China tells FG

Cui Jianchun, Chinese ambassador to Nigeria, has assured the federal government that the recent revocation of Addax Petroleum’s licences will not affect the excellent relationship between both countries. Jianchun said

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Magnus Abe debunks ‘$650m oil scam’, says DPR was right to revoke Addax oil licences

    Magnus Abe debunks ‘$650m oil scam’, says DPR was right to revoke Addax oil licences

Magnus Abe, a former senator and board member of the Nigerian National Petroleum Corporation (NNPC), has denied any involvement in an alleged $650 million oil scam. In a report, the

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Buhari restores ownership of four OMLs to NNPC

    Buhari restores ownership of four OMLs to NNPC

President Muhammadu Buhari has restored ownership of four oil mining leases (OMLs) to the Nigerian National Petroleum Corporation, (NNPC). In a statement on Friday, Garba Shehu, presidential spokesman, identified the

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