About 48 hours after granting ministerial consent regarding the N1.283 billion sales and purchase deal between ExxonMobil and Seplat Energy, President Muhammadu Buhari yesterday rescinded the decision. The president, who is the de facto Minister of Petroleum Resources, blamed the lack of coordination among the concerned agencies for the confusion, explaining that he had weighed
President Muhammadu Buhari has approved Seplat Energy‘s acquisition of the entire share capital of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation. Mr Buhari approved the transfer in his capacity as Minister of Petroleum Resources. Exxon Mobil entered into a landmark Sale and Purchase Agreement with Seplat Energy to acquire the entire share capital of Mobil
Stakeholders in the renewable energy sector of the Gambia and Cote d’voire took part in the official launch of activities of Ecowas Rogeap _ Regional Off-Grid Electricity Access Project. The events took place in Banjul, the Gambia and Abidjan, Cote d’Ivoire, on Wednesday 3rd August and Thursday 4th August, respectively. In attendance were experts from
The leaders of the Community of West African States (ECOWAS) agreed Friday on a regional strategy to deal with global warming over the next 10 years. Members of the regional organisation, in agreement with the European Union, plan to spend $294 billion (€278 billion) over the next 10 years to meet the challenges of climate
Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group has approved $88.2 million in financing for the third phase of the Road Development and Transport Facilitation Programme for the Mano River Union. The Mano River Union is an international association initially established between Liberia and Sierra Leone
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