The unraveling of a corrupt oil deal that occurred in Nigeria in 2011, known as the OPL 245 deal under the administration of former president Goodluck Jonathan has revealed that Nigeria’s lifetime losses over the deal amount to an estimated $6 billion, which is double its annual education and healthcare budget, all as a result of the massive controversial oil deal currently under trial in a court in Milan. The two oil companies Eni and Shell which were granted access to explore OPL 245 oil block in Niger Delta by Dan Etete under the Goodluck Jonathan administration are accused of knowing the money they paid to Nigeria would be used for bribes.

Read more at https://olatorera.com/how-nigeria-lost-6-billion-from-corrupt-opl-245-oil-deal/