Nigeria loses $6bn to Malabu oil block deal
HE last is yet to be heard of the controversial Oil Prospecting Lease (OPL 245), otherwise known as Malabu Oil Block, to Shell and Eni as a report submitted to the Economic and Financial Crimes Commission (EFCC) reveals that the operators of the block took away oil profit from the government and the Nigerian people to the tune of $6 billion. Read more