Tag: Oil Licenses

  • UPDATED: FG revokes MKO Abiola’s oil license

    The Federal Government has revoked the oil prospecting licence granted late Basorun MKO Abiola, the acclaimed winner of the June 12 1993 Presidential election annulled by former military president Ibrahim Babangida. In a public notice issued on Thursday by the regulatory body, the revocation was based on a presidential directive to “recover legacy debts” owed…