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ADDAX OML LICENSE IMPASSE: DPR’s action will boost government revenue – Group On Kindly Share This Story: In the face of the seeming uncertainty surrounding the revocation, restoration of Addax OML License, and the report of the Committee set up by President Muhammadu Buhari on the issue, which indicted Addax for wasting millions of dollars, a Civil Society Organisation, Good Governance Advocates has commended the Directorate of Petroleum Resources (DPR) for taking concrete steps to boost the revenue accruing to the Government in underperforming assets. In a statement signed by its National President, Kema Maxwell, it noted that in choosing a new operating consortium to manage the OMLs, DPR carefully opted for an operator that is familiar with the revoked assets, and saving the country a huge economic loss.

Kema maxwellMuhammadu buhariMagnus abeDirectorate of petroleum resourcesDepartment of petroleum resourcesAddax petroleumGas industry content development localMagnus abe committeeCivil society organisationToronto stock exchangeAddax petroleum exploration nigeria ltdEnergy transitionNigerian oilKindly share this storyPresident muhammadu buhariGood governance advocates