NUPRC Gives Two-Week Deadline For Reinvestment in Mobil, Shell, Agip, Equinor Oil Blocks

Speaking at an industry dialogue in Abuja, organised by the NUPRC to trash out pending issues hobbling the completion of the process, some as far back as three years, the Chief Executive of the commission, Mr. Gbenga Komolafe, stated that the meeting was necessary to give insight and guidance to the process.

The commission listed the short term option which would see it sign off on the four ongoing deals by June or the long term option, which would see the conclusion of the deals extend to August.