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HomeLATEST NEWSBuhari Revokes All Nigeria's Oil Well Licenses, Orders NNPC To Take Over...

Buhari Revokes All Nigeria’s Oil Well Licenses, Orders NNPC To Take Over Operations

President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation to take over the operatorship of the oil wells from 30th April, 2019 and be confirmed 2nd May, 2019.
You recall that while Atiku was boasting of selling off NNPC if elected,
Read More: Atiku Restates Plan To Privatise NNPC If Elected President, President Buhari was assuring Nigerians of returning ownership of oil wells back to Nigerians.

According to a leaked memo from the presidency to GMD of NNPC, the President ordered revocation of the oil wells from Shell PDC and mandated NNPC to take over operations from 30th April, 2019.
Obviously, the move to collect Nigeria’s oil wells from acclaimed owners of Nigeria has began in earnest
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