Business

Nigeria: Rivers state buys Shell’s stake in Ogoniland oilfield

Isaac UmunnaComment(0)

Nigeria’s Rivers state has purchased Royal Dutch Shell’s stake in an oil mining licence in the restive Ogoniland region, the state’s governor, Nyesom Wke said on Monday.

The license, OML 11, has been undeveloped for nearly 25 years, since the execution of regional activist Ken Saro-Wiwa under the military government of Sani Abacha. Reuters

Pix: OML II

Isaac Umunna

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