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Nairaland Forum / Nairaland / General / FG Approves 22 Oil Blocks, Earns $1bn (252 Views)
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FG Approves 22 Oil Blocks, Earns $1bn by theoilbloc: 12:03pm On Jan 28, 2019 |
The Minister of Petroleum, President Muhammadu Buhari, has approved the renewal of 22 expired and expiring oil blocks. THISDAY reported that the Department of Petroleum Resources (DPR) realized about $1 billion for the government from the blocks. The government received applications from holders of 25 oil blocks. Only 22 were however approved by President Buhari after the DPR’s reviews. Confirming the development, unidentified sources in the DPR and petroleum ministry explained Read more at: https://theoilbloc.com/fg-approves-22-oil-blocks-earns-1bn/ |
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