Firms Protest as FG Revokes Abiola, Five Others’ Oil Licences
Ejiofor Alike
Some oil producing companies have threatened to challenge the decision of the federal government to revoke their operating licences on six acreages over unpaid debts, THISDAY has learnt.
The federal government, through the Department of Petroleum Resources (DPR), yesterday announced the revocation of six oil block licences granted to five companies. THISDAY gathered that the DPR, under the Ministry of
Petroleum Resources, had earlier requested the federal government to revoke the licences, which has finally been approved. One of the licences is an Oil Prospecting Licence (OPL), belonging to Summit Oil, founded by the winner of
the June 12, 1993, presidential election, the late Chief Moshood Abiola, where hydrocarbon is being explored. Five others are Oil Mining Leases (OMLs). According to a notice issued yesterday to the industry operators by the apex regulator
of the oil and gas industry, the revocation was based on a presidential directive to “recover legacy debts” owed by the companies operating the leases. The five companies are Pan Ocean Oil Corporation (OML 98); Allied Energy
Resources Nigeria, (OML 120 and 121); Express Petroleum and Gas Company (OML 108); Cavendish Petroleum Nigeria (OML 110) and Summit Oil International (OPL 206). The DPR said it revoked Continued on page 8
Governors Meet Buhari Today over Insecurity, Huge Debts… Page 9 Friday 7 June, 2019 Vol 24. No 8824. Price: N250
www.thisdaylive.com TR
UT H
& RE A S O
N
Ganduje Tightens Noose on Sanusi Ibrahim Garba in Kano
HEARTFELT CONDOLENCES… Chairman/Editor-in-Chief of THISDAY Media Group, Nduka Obaigbena (third right), flanked by Managing Director of THISDAY Newspapers, Eniola Bello (third left), and his children, Wuraola, Olaolu, Ololade and Bukola, when Obaigbena paid them a condolence visit at their residence in Wolverhampton, UK, over the death of Eniola’s wife, Helen… yesterday
The embattled Emir of Kano, Alhaji Muhammad Sanusi II, faced a fresh trouble yesterday as the Kano State Government gave him 48 hours to show reasons why he should not be suspended from the throne. The government, in a query dated June 6, 2019 and signed by the Secretary to the State Government (SSG), Alhaji Continued on page 8
Lawan Moves Closer to Senate Presidency as Goje Bows Out Says it’s in deference to Buhari, APC Ndume: It’s now a straight contest between two senators Eight N’Assembly dissolved, state assemblies proclaimed by govs Deji Elumoye, Omololu Ogunmade, Adedayo Akinwale in Abuja
For the All Progressives Congress’ (APC) official candidate for the Senate presidency in ninth Senate,
Senator Ahmad Lawan, the coast became clearer yesterday as one of the main contenders, Senator Danjuma Goje, bowed
out of the race after a meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.
Goje explained to State House Correspondents that he was standing down out of respect for the president and
the party that had proclaimed Lawan as its candidate for Continued on page 9
Outrage as NBC Suspends Daar’s Licence… Page 8