Appellate Court held that the Minister of Petroleum Resources has the discretion whether or not to renew the OML 11 Lease in favor of SPDC. The Nigeria National Petroleum Corporation (NNPC), has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for Nigeria and the beginning of addressing decades of host community restiveness. Platforms Africa reports that the Appeal Court sitting in Abuja on Monday upturned the August 23, 2019 ruling of the Federal High…
Read MoreShell loses Nigeria’s Oil Block Renewal Case, NPDC Resumes Asset Operation
