OML 245: Nigerian govt replies to Atiku

The Nigerian authorities has refuted the assertion precocious by erstwhile Vice President Atiku Abubakar implicit the Mining Lease OML 245 quality solution by President Bola Ahmed Tinubu’s government.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed this successful a connection connected Wednesday.

DAILY POST reports that Atiku hardly 2 days agone had insisted that OML 245 quality persist contempt Nigerian authorities insistence that it has been resolved.

Atiku had claimed that the authorities had sidelined Malabu Oil, a large stakeholder successful the OML 245 dispute.

However, AGF Fagbemi described Atiku’s assertion arsenic self-serving interest.

According to him, the 2025 Court of Appeal ruling successful Nigerian Agip Exploration Limited v. Malabu Oil & Gas Ltd. had dismissed Malabu’s situation to the allocation of the lipid artifact arsenic statute-barred.

“It is noteworthy that though the ICSID arbitration, which commenced successful 2020, received sizeable nationalist attention, nary of the stakeholders present being referenced by the erstwhile vice president participated successful those proceedings.

“The arbitration was not acrophobic with questions of ownership of Malabu oregon interior disputes wrong the company. Rather, it fo...