FG cancels oil blocs awarded to The south south Nigerians

A group of investors and indigenes of the Niger Delta, yesterday, condemned the Federal Government’s cancellation of Oil Prospecting Licences, OPL 2001, 2002 and 2003 in the Utapate field, stating that it was capable of re-igniting chaos in the Niger Delta region.

The investors affected by the cancellation are Jahcon International Limited, Hi Rev Exploration, Production Limited and Oil and Industrial Services Limited.

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