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Nigeria to Approve ExxonMobil Divestment “in Days,” President Tinubu Says

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Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
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Lagos, Nigeria – The Nigerian government will grant ministerial approval to ExxonMobil’s divestment from the country’s upstream oil and gas industry within days, President Bola Tinubu announced Tuesday. The divestment involves the sale of ExxonMobil’s assets in Nigeria to Seplat Energy for at least $1.28 billion.

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