The
Nigerian government is set to retrieve one of Africa's richest oil blocs from
oil giants, Shell and Eni.
Not
only will the two oil giants lose OPL 245, should President Muhammadu Buhari
approve the recommendations, they will also be fined billions of dollars for
illegal activities, including paying money to fraudulent public officials and
private citizens in order to secure the bloc.
The
retrieval of the controversial oil bloc, estimated to contain about 9 billion
barrels of crude, as well as placing heavy fines on the oil giants, is
contained in a far-reaching recommendation by the office of the Director of
Public Prosecution, DPP, Mohammed Diri.