The Nigerian government has developed a divestment framework to guide the assessment of applications for ministerial consent to Shell Petroleum Development Company of Nigeria Limited (SPDC).
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Gbenga Komolafe, said the framework, which consists of seven cardinal pillars, would also guide other similar interventions in the country.
Mr Komolafe disclosed this at the NUPRC-SPDC divestment workshop in Abuja on Monday.
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