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FG may revoke unused oil well licences amid $30bn loss

by Ikenna Ngere

Apparently worried by the country’s dwindling oil revenue, the Federal Government says it has concluded plans to take over all idle oil wells from operators holding on to them. The government also threatened to revoke all licences given to individuals and companies that have refused to start oil exploration. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this on Monday evening at an event held in Lagos …

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A north London residential building’s painting created by street artist Banksy has been vandalised. Over the weekend, the artwork surfaced, depicting large areas …

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Entrepreneurng.com is a News feature platform that profiles the success stories of those who create enterprises. It also showcases Government policies, business and economic analysis, the skills needed and opportunities available to start and grow businesses.

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