Buhari returns licences to Addax - News for the Oil and Gas Sector energyvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyvoice.com Daily Mail and Mail on Sunday newspapers.
2 Min Read A sign is pictured outside the headquarters of Addax Petroleum in Geneva, Switzerland March 25, 2017. REUTERS/Denis Balibouse/File Photo
ABUJA (Reuters) - Nigeria’s president restored four oilfield licences to Addax, a company controlled by China’s Sinopec, his office said in a statement, overruling a previous revocation from the country’s petroleum regulator.
The restoration of the fields roughly three weeks after the Department of Petroleum Resources rescinded them was aimed to ensure “commitment to the rule of law, fairness and enabling a stable business climate for investment,” President Muhammadu Buhari’s office said in a statement.
Nigeria returns Addax's revoked oilfields, overriding regulator reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Buhari Cancels Oil Leases To Minister's Cronies, Mamman Daura, Others After SaharaReporters' Story saharareporters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saharareporters.com Daily Mail and Mail on Sunday newspapers.
ON THE GO
Insecurity: Zamfara orders immediate closure of four markets The Zamfara government has ordered the immediate closure of four markets in the state.Advertisement The development comes hours after 30 people were reportedly killed when gunmen attacked some communities in.
Reps vote against bill seeking to limit cases for supreme court A bill seeking to reduce the category of appeals that get to the supreme court suffered a setback in the house of representatives on Thursday.Advertisement The bill was being considered.
Abdul Samad Rabiu donates N1bn to University of Ibadan Abdul Samad Rabiu, founder of BUA Group, has donated the sum of N1 billion to the University of Ibadan in Oyo state, through the Abdul Samad Rabiu Africa Initiative (ASR.