The Upstream regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected President Muhammadu Buhari’s approval of Seplat’s purchase of ExxonMobil’s asset. A statement repudiating the ministerial approval exercised by President Buhari, came a few hours after presidential spokesperson, Femi Adesina, had announced in a statement that President Buhari had approved the sale of ExxonMobil … Continue reading Regulator rejects Buhari’s approval of Seplat/ExxonMobil acquisition deal