Nigeria: IOC not exiting Nigeria – Presidency — Africa Links 24

The Presidency says contrary to views in certain quarters, the International Oil Companies, IOC, are not exiting the country, rather they are rebalancing and refocusing on deep water.

Olu Verheijen, Special Adviser to President Bola Tinubu on Energy, stated this in an interview with the News Agency of Nigeria in Abuja on Sunday.

Mrs Verheijen, who was speaking on the second year anniversary of the Tinubu’s administration, said that, while the IOC are rebalancing,, the Nigerian…