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Home Economy

Rivers state buys Shell’s stake in Ogoniland oilfield

metro by metro
September 30, 2019
in Economy
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ShellNigeria’s Rivers state has purchased Royal Dutch Shell’s stake in an oil mining licence in the restive Ogoniland region, the state’s governor said on Monday.

The license, OML 11, has been undeveloped for nearly 25 years, since the execution of regional activist Ken Saro-Wiwa under the military government of Sani Abacha.

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