Reps prevent planned sale of $1 billion worth of oil assets
The House of Representatives has asked the Federal Government, through the Nigerian Petroleum Development Company (NPDC) , to suspend the planned auction of Oil Mining Licence (OML) 11 for $250 million when it has been bidded for $1 billion. At the plenary on Wednesday, the House “urge the Federal Government, particularly the NPDC, to suspend the planned auction and sale …