$1.5bn oil sector divestment deals completed – FG

The Federal Government, on Wednesday, announced the completion of the divestment deals between Nigeria Agip Oil Company and Oando Plc, as well as that of Equinor and Project Odinmim, which jointly worth about $1.5bn. It also announced that as at June 2024, the country’s functional oil rigs increased to 34, adding that a total of

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