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Commission says approval for divestment of oil coy legal

  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says approvals given for the divestment deal of two oil companies were in line with Petroleum Industry Act (2021). The companies are Nigerian Agip Oil Company Limited (NAOC Ltd.) by Oando Plc. and Equinor Nigeria Energy Company (ENEC), by Chappal Energies. Mrs Olaide Shonola, NUPRC’s Head of Public Affairs, made this known…