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NNPC, firm sign agreement to end licensing dispute

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The Nigerian National Petroleum Company Limited and Addax Petroleum Company signed an asset transfer agreement on Tuesday to bring an end to the dispute surrounding Oil Mining Leases 123/124 and 126/137. NNPC’s Chief Finance Officer, Umar Ajiya, signed the agreement on behalf of his company, while the Managing Director for Addax, Yonghong Chen, signed for


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