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Addax OML License Saga: The Real Facts

In 1998, the NNPC entered into a 20-year PSC (Production Sharing Contract) in respect of certain oil mining leases (OMLs) with Addax Petroleum, a company listed on the Toronto Stock Exchange (TSX). The PSC was subsequently extended for a further four years, until 2022. The assets were OMLs 123, 124, …

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Hoodlums Attack LASU, Destroy Vehicles

Some hoodlums on Monday attacked the Lagos State University, Ojo campus, along the Lagos-Badagry Expressway, and destroyed vehicles packed in front of the school. The attack came after the earlier unrest that had rocked the area. It was observed that the hoodlums attacked the school after soldiers in an OP …

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