Naijamixed.com.ng
Saturday, February 4, 2023
  • HOME
  • NewsNew
    • Metro News
    • WORLD NEWS
      • US News Updates 2022, American Latest Celebrity News
      • Africa
      • EUROPE
      • ASIA
    • HOT!! Naija News HeadlinesTrending
    • BUSINESS
    • Big Brother Naija season 7 Latest News 2022
    • Latest School News, Exam headlines, Admission Updates
    • Gospel News, Songs, Videos, Messages, Music Lyrics
    • Editorial
  • MUSIC
    • Download Latest Naija Music 2022, Listen and enjoy free
    • Download Naija Mixtapes 2022, Listen and enjoy free
    • Latest Naija Music Lyrics
  • VIDEOHot Videos
    • MUSIC VIDEOS
    • Download Latest Movies, Action, Adventures, Nollywood 2022
  • HOT FORUMS
    • Join Naija Music, News Group Chats on whatsapp, Facebook
    • TV CHANNEL
    • Join Naija Music Groupchat for Latest trending songs and music promotion
    • JAMB 2023 GROUP
  • PROMO
    • ADS PLACEMENT
    • Predictions & Winnings
    • Win 200k with this 1xBet Promo Code
  • SPORTS
    • Latest Football News, Scores, Transfer, Fixtures
    • WRESTLING
    • TENNIS
    • BOXING
  • TECH
    • ATHLETICS
    • SOCIAL MEDIA
    • TELECOMS
  • LIFE
    • HEALTH
    • RELATIONSHIP
      • BEAUTY
      • TRAVEL
      • FOOD
      • EVENTS
No Result
View All Result
Saturday, February 4, 2023
Naijamixed.com.ng
No Result
View All Result
Naijamixed.com.ng
No Result
View All Result
  • HOME
  • News
  • MUSIC
  • VIDEO
  • HOT FORUMS
  • PROMO
  • SPORTS
  • TECH
  • LIFE
Home Nigerian News

DPR disowns Mobil’s deal with federal government over three oil blocks’ renewal

Francis Favour by Francis Favour
Reading Time: 2 mins read
0

 

DPR disowns Mobil’s deal with federal government over three oil blocs’ renewal

 

 

 

DPR disowns Mobil’s deal with federal government over three oil blocks’ renewal

The National Department of Petroleum Resources has dissociated itself from an alleged Federal Government’s deal with Mobil Producing Nigeria Unlimited (ExxonMobil) clearing the company to pay $665m instead of $2.5bn for the renewal fees for three oil blocs in 2009.

The DPR denied knowledge of the deal concerning the Oil Mining Leases 67, 68 and 70 in a letter dated July 23, 2019, which was obtained by newsmen on Saturday.

The letter addressed to the Chairman of the Special Presidential Investigative Panel on the Recovery of Public Property, which has been investigating the transaction since 2018, rather referred the investigative body to approach the Nigeria National Petroleum Corporation for information concerning the deal.

Nigerian Newsmen had reported that the SPIPRPP led by Mr Okoi Obono-Obla, was investigating a petition by human rights lawyer, Mr Femi Falana (SAN), who accused Mobil of only paying about $600m out of the payable renewal fees of $2.5bn for the renewal of the three OMLs in 2009.

The DPR’s position on the transaction contradicts the earlier claim by ExxonMobil that the $665m it paid for the OMLs 67, 68 and 70 was the full payable renewal fees in line with the agreement it reached with the DPR and the NNPC.

The DPR’s July 23, 2019 letter with reference number, PI.LM/3900/S.650/31, is titled, ‘Re: Investigation activity, request for certified true copy of agreement between the Federal Government of Nigeria and Mobil Producing Nigeria Unlimited concerning purchase of three oil blocs.’

The letter responding to SPIPRPP’s inquiries concerning the deal was signed on behalf of the director of the department by one S. Hassan.

It read in part, “We refer to your letter dated October 26, 2018, on the above subject matter.

“Kindly be informed that the Department of Petroleum Resources was not involved in the negotiation of the renewal bonus of the three blocs.

“In view of the above, we advise that you request from Nigerian National Petroleum Corporation to provide the required information on the issue.”

 

Tags: DPRNIGERIA
Previous Post

Busted!! Woman walks into hospital& Steals accident victims phone

Next Post

Seven people dies from head to head collission in Jigawa state

Check Out More

Emirates suspends air flights to Nigeria
Nigerian News

Emirates suspends air flights to Nigeria

Emirates suspends air flights to Nigeria There are indications that the failure of Emirates Airlines to repatriate its trapped ticket...

Read more
Watch Match, Predict & Win: Who scores first in Nigeria vs Burundi Tomorrow Night
Entertainment

Watch Match, Predict & Win: Who scores first in Nigeria vs Burundi Tomorrow Night

Watch Match, Predict & Win: Who scores first in Nigeria vs Burundi Tomorrow Night You want to Watch Match, Predict...

Read more
Super Eagles To Play Ecuador In A Warm-up
Nigerian News

Super Eagles To Play Ecuador In A Warm-up

Super Eagles To Play Ecuador In A Warm-up Nigeria will play Ecuador in a warm-up match ahead of the 2022...

Read more
Nigerian News

Oluwo of Iwo Says He Can’t Be Part Of Agitation For Nigeria’s Breakup.

Oluwo of Iwo Says He Can't Be Part Of Agitation For Nigeria's Breakup. The Oluwo of Iwo, Oba Abdulrosheed Adewale...

Read more
Load More
Next Post

Seven people dies from head to head collission in Jigawa state

Everton Makes bidding for Wilfried Zaha

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Need Latest News, Music and Movie Updates?? Add 08068642845 on WhatsAp

Follow us on facebook

  • Contact us
  • Promote Music
  • About us
  • Privacy Policy
  • Meet Our Workers
HOT LINE: 08068642845

© 2022 Naijamixedng

No Result
View All Result
  • HOME
  • News
    • Metro News
    • WORLD NEWS
      • US News Updates 2022, American Latest Celebrity News
      • Africa
      • EUROPE
      • ASIA
    • HOT!! Naija News Headlines
    • BUSINESS
    • Big Brother Naija season 7 Latest News 2022
    • Latest School News, Exam headlines, Admission Updates
    • Gospel News, Songs, Videos, Messages, Music Lyrics
    • Editorial
  • MUSIC
    • Download Latest Naija Music 2022, Listen and enjoy free
    • Download Naija Mixtapes 2022, Listen and enjoy free
    • Latest Naija Music Lyrics
  • VIDEO
    • MUSIC VIDEOS
    • Download Latest Movies, Action, Adventures, Nollywood 2022
  • HOT FORUMS
    • Join Naija Music, News Group Chats on whatsapp, Facebook
    • TV CHANNEL
    • Join Naija Music Groupchat for Latest trending songs and music promotion
    • JAMB 2023 GROUP
  • PROMO
    • ADS PLACEMENT
    • Predictions & Winnings
    • Win 200k with this 1xBet Promo Code
  • SPORTS
    • Latest Football News, Scores, Transfer, Fixtures
    • WRESTLING
    • TENNIS
    • BOXING
  • TECH
    • ATHLETICS
    • SOCIAL MEDIA
    • TELECOMS
  • LIFE
    • HEALTH
    • RELATIONSHIP
      • BEAUTY
      • TRAVEL
      • FOOD
      • EVENTS

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.