Mobil Asset

Mobil Asset: Buhari withdraws consent over $1.3bn oil deal

Mobil Asset: Buhari withdraws consent over $1.3bn oil deal

By Udeme Akpan  ABUJA — President Muhammadu Buhari, yesterday, reversed his earlier consent, authorising the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. Seplat Energy had earlier agreed  to acquire the entire share capital  of MPNU at the cost of  $1.3 billion plus up to $300 million contingent consideration. But the Nigerian National Petroleum […]