Atiku Abubakar, the 2023 Peoples Democratic Party presidential candidate, has called on the All Progressives Congress-led Federal Government to explain the expedited approval process that allowed Oando Plc to acquire the onshore assets of AGIP and ENI.
Atiku’s demand for transparency comes amidst allegations of preferential treatment in the oil and gas sector.
On Thursday, Oando PLC issued a statement announcing the completion of its acquisition of Nigerian Agip Oil Company Limited (NAOC Ltd), stating, “Today marks a significant milestone for Oando PLC as we proudly announce the finalization of our agreement with Eni to acquire the entire shareholding of Nigerian Agip Oil Company Limited (NAOC Ltd).”
