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Tony Elumelu Heir Holding acquires Shell OML 11 & 17

By on January 15, 2021 0 140 Views

Heirs Holding Ltd, majorly owned by Tony Elumelu has finally acquired oil mining licenses 11 and 17 from the Royal Dutch Shell.

According to sources close to Elumelu, the $2 billion deal was sealed this week by the two parties.

the sale are infrastructure assets such as a natural gas-fired power plant that would be managed by Transnational Corporation of Nigeria Plc

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