Heineken Lokpobiri, Nigeria's minister of state for petroleum resources has claimed that the prolonged negotiation around the sale of ExxonMobil assets to Seplat has cost the country about 480,000 barrels per day (bpd) worth about $3.4 billion.
The minister's comments come amid ongoing discussion
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Faith Esifiho
Faith Esifiho is an Energy correspondent at BusinessDay, covering Nigeria's electricity sector, oil and gas industry, and energy policy.
She reports on power outages, electricity tariffs, gas sector reforms, and the broader challenges facing the country's energy transition.
She specializes in data-led reporting and human-angle stories that examine how energy policies affect everyday Nigerians and also tracks trends in the power sector, analyses regulatory changes, and investigates the impact of subsidy reforms and pricing policies.
