The move puts the Presidency on the side of the Nigerian National Petroleum Company Limited which declined the $1.3bn transaction.
According to the Presidency, Buhari authorised the move in his capacity as Minister of Petroleum as a way to attract foreign direct investment to the country. Earlier, Shehu who spoke to an online publication said the President’s reversal of his earlier approval was in line with the position of the Nigerian Upstream Petroleum Regulatory Commission.
That's an olodo way of doing thing
Na wa o .This man sef... February can't come soon enough
Incredible and totally embarrassing. Are things really this bad in Nigeria?
Interest men... 🤔🤔🤔
Embarrassing President 🤦🏽♂️
This is embarrassing
This is unfortunate
Who is really in charge
confusion transmission
What exactly is the usefulness of this news?
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Source: LeadershipNGA - 🏆 4. / 77 Read more »