A Federal High Court in Lagos has rejected an application to stop the federal government from auctioning 10 marginal oilfields whose licenses have been revoked. As a result, increasing the number of Nigeria’s marginal oilfields up for auctioning to 67.

Justice Chukwujekwu Aneke dismissed the injunction, filed by the operators of affected marginal oil fields, to restrain the federal government from auctioning them as part of its licensing round.

The affected operators are:... https://olatorera.com/nigeria-may-auction-up-to-67-marginal-oilfields/