The Nigerian National Petroleum Corporation with its joint venture partners, Shell Production Development Company and Belema OIL, have resolved the dispute on the operation of Oil Mining Lease 25.
“When I came into the office, the issue was one of the problems that came on the table; there were so many letters from communities complaining about the problem. The NNPC boss said the dispute around the OML 25 had been on for over two years, adding that the end result was that communities lacked peace with the disruption of property and social lives in the area.“For us, the most important aspect of the dispute resolution is that, at least, the communities will have their peace restored.
“It means that the communities will have their peace back and also commence operations with the OML 25. He commended the minister of petroleum for his support and assured that the operations would soon commence in the area. “We have been in discussion with communities and Belema Oil and sometimes under the auspices of government.
He noted that SPDC remained the operator of the OML 25 but assured commitment to ensure that all parties would derive from the benefits.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shell To Resume Operation At OML 25 After CrisisShell To Resume Operation At OML 25 After Crisis.
Source: channelstv - 🏆 7. / 63 Read more »
Prostitution: Ghana Immigration to deport 25 Nigerians – Daily TrustThe Ghana Immigration Service is set to deport 25 Nigerian ladies arrested in the Bono East Region of the country over prostitution. The Regional Commander of Immigration Service Department in the Bono East Region, Chief Superintendent Enoch Annor Abrokwa, told journalists that the girls will be deported to Nigeria as soon as the process was … 😂😂😂 Chai Italy don tire una abi 😣😣😣 Ghana pls keep them we don't want them
Source: Daily Trust - 🏆 13. / 51 Read more »
Plateau Rep appoints 25 aides - Premium Times NigeriaThree of the aides will be based in Abuja while the rest will work in Plateau State. What are they aiding him to do? Tor, he's paying from his allowance na
Source: PremiumTimesng - 🏆 3. / 78 Read more »
FG To Auction N150bn Bonds On Sept. 25 – DMOFG To Auction N150bn Bonds On Sept. 25 - DMO The Federal Government has offered for subscription by auction N150 billion worth of bonds in its Sept. 25 auction, the Debt Management Office (DMO) said.
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Nigerian Government: We'll Block 2 Million GSM Subscribers After September 25 | Sahara Reporters.NigeriaGov: We'll Block 2 Million GSM Subscribers After September 25 | Sahara Reporters The government had announced last week that there were 9.2 million improperly registered SIM cards, posing a huge security risk to the country. READ MORE: NigeriaGov Huge security risk? Misplace priority consistent with this government... sad NigeriaGov NigeriaGov a huge security risk you said? I think this country is a joke. You guys keep making Nigeria appear like a joke to the world. Stop painting us as people who don't know what they want. Set things in order. Get your priorities right and stop chasing rats. NigeriaGov I'm fully in support of this Mission Operation Identified ByYour Service Provider
Source: SaharaReporters - 🏆 9. / 63 Read more »
NES#25: Nigerian Economic Summit to focus on pillars of 'industrial revolution -- MinisterThe 25th edition of the Nigerian Economic Summit (NES25) will hold on October 7 and 8in Abuja. Industrial revolution? Not how to tackle insecurity and economy Can we have a revolution in our industry when cash flow is nothing to talk about and access to loan is zero for startup ventures Sounds nice to hear, however if one must be factual, the pillars of industrial revolution in Nigeria is amiss and more like wishful thinking for now.The govt needs to be practical and realistic with such audacious plans and stop playing to the gallery.
Source: PremiumTimesng - 🏆 3. / 78 Read more »