The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has declared that the $1.6 billion asset sale deal between ExxonMobil and Seplat failed in 2022 because Exxon “did not route the transaction” in line with the provisions of its joint operating agreement. Platforms Africa broke the news of the NNPC disappeoval of the deal in an exclusive story in 2022. READ ALSO: EXCLUSIVE: Buhari Declines Ministerial Consent For ExxonMobil $1.6bn Assets’ Sale To Seplat EXCLUSIVE: NNPC Cancels ExxonMobil $1.6bn Assets’ Sale To Seplat Nigerians In Canada…
Read MoreWhy ExxonMobil’s $1.6 Bn Asset Sale To Seplat Hit The Rock – NUPRC
