Shell’s divestment rejection hinders Nigeria’s investment climate, experts warn

Shell’s divestment rejection hinders Nigeria’s investment climate, experts warn

The Federal Government’s recent decision to block Shell’s $2.4 billion divestment plan for its onshore assets has raised concerns among analysts, who warn that this could deter vital investment needed to bolster Nigeria’s crucial oil sector. The analysts speaking to Reuters on Wednesday highlighted that the government is sending mixed signals regarding its commitment to

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