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NEITI pledges to review $6bn divestments by IOCs

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April 1, 2025
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The Nigeria Extractive Industries Transparency Initiative has pledged to strengthen transparency in the oil and gas sector and review the recent divestments by international oil companies. The agency said the comprehensive examination will look at every step of the divestments involving 26 oil blocks worth $6.03bn by five IOCs. The NEITI Executive Secretary, Ogbonnaya Orji,

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