Nigeria to develop comprehensive divestment policy to protect, end oil industry’s dearth of technical, financial and operational capabilities The Nigerian National Petroleum Corporation (NNPC) on Monday rejected the arbitrary takeover of operatorship of oil assets divested by International Oil Companies in Nigeria. Platforms Africa reports that the corporation, which gave this hint, declared that the government would soon develop a Comprehensive Divestment Policy for International Oil Companies ( IOCs) operating in the country to protect strategic national interest. Mr Mele Kyari, the Group Managing Director, NNPC disclosed this…
Read MoreNNPC rejects arbitrary postdivestment takeover of IOCs’ Assets operatorship
