The Federal Government of Nigeria has announced the settlement of issue on the $1.3 billion OPL 245 Oil block scandal.
The scandal is the allegation of corruption and bribery involved in awarding of license for the OPL 245 oil block.
Heineken Lokpobiri, Minister for State for Petroleum Resources announced this at the 23rd annual NOG Energy Week in Abuja.
Lokpobiri stated that a meeting was held between the Attorney-General of the Federation, NNPC, and the officials of the disputing parties to resolve the issues.
He added that the differences between this government and the former governments is the fact that all issues are addressed, resolved and fixed as they come.
“Nigeria has resolved all the issues with OPL 245; we soon we will be seeing in flocks of investment,” Lokpobiri said on Tuesday.
The OPL 245 issue resolved will attract investment to the tune of billions of dollars and markedly charge the story of oil industry in Nigeria.
Get instant and latest news updates via Our WhatsApp Community or Google News online channel.
