No likelihood of any client raising the estimated $2.3 billion needed to purchase the Shell assets, says GTBank The inability of Nigerian lenders to raised enough dollars for intending buyers of oil assets planned to be put on offer by Shell has stalled the exrcise. Royal Dutch Shell is planning to sell off its onshore and shallow water assets, being managed by its Nigerian unit, the Shell Petroleum Development Company (SPDC). Platforms Africa reports that Dollar Scarcity has worsened buyers’ apathy for the sale of the assets. READ ALSO:…
Read MoreShell $2.3bn Assets’ Sale in Nigeria suffers Setback
