Why FG Blocked Shell’s $1.3bn Assets Sale to Renaissance

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By Adedapo Adesanya  Nigeria refused to approve Shell’s $1.3 billion divestment of its onshore and shallow water assets to the local consortium, Renaissance. Business Post had reported earlier that the federal government approved the ExxonMobil-Seplat deal after over two years of delay. Also approved were the Equinor–Project Odinmim which was approved in line with the Petroleum […]

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