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All posts tagged "Dan Etete"
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Nigerian lawmakers want Shell, Eni oil block award revoked
Nigeria should revoke oil rights for which Royal Dutch Shell Plc and Eni SpA paid $1.1 billion, a parliamentary committee said, alleging that the acquisition process was “highly flawed.” Shell and Eni jointly bought Oil Prospecting License...
- Posted July 20, 2013
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Ministers stall probe of N155bn Malabu oil deal
The bid by the House of Representatives to probe the controversial sale of an oil block, OPL 245, was stalled on Thursday by key Federal Government officials with information on the deal. The alleged “shady sale” involved...
- Posted October 5, 2012
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Jonathan Approved N 176 billion Payment for ex-Convict former Minister
Shortly after his victory at the polls in 2011 and subsequently being sworn in as Commander-in-chief, Mr. President approved the sum of N 176 billion ($ 1.1 billion) to be transferred to Malabu Oil under controversial circumstances....
- Posted May 22, 2012