Lagos - Italian oil and gas group, Eni will no longer be divesting its interest in Nigeria as earlier planned, reports BusinessDay
The company did not give a reason for its new decision.
Paolo Scaroni ,Chief Executive of Eni, had told a parliamentary hearing in Italy’s upper house last year that the company is planning to leave Nigeria because of the problem of oil theft and vandalism.
A spokesperson for the company has, however, disclosed that such plans have now been put to rest, noting that it was not now an option under consideration.
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