in a statement that President Buhari had approved the sale of ExxonMobil asset to Seplat Energy, an indigenous oil company.
NUPRC in a statement signed by its chief executive, Gbenga Komolafe, contradicted the earlier statement by the Presidency announcing President Buhari’s approval of Seplat Energy’s acquisition of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation.The Commission said on Monday night that the matter was a regulatory one and nothing had changed after it had earlier notified ExxonMobil the transaction had been declined.
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