Buhari reverses FG position, as SEPLAT gets Presidential approval for the acquisition of ExxonMobil Nigerian Assets
Nigeria`s indigenous oil company, Seplat Energy Plc has received the approval of President Muhammadu Buhari for the acquisition of Nigerian Assets and the shares of US subsidiaries of ExxonMobil Corporation, thereby overcoming the initial resistance from the NNPC. Basic Facts ExxonMobil had in February of 2021 agreed to sell the ...