
Tony Elumelu Heir Holding acquires Shell OML 11 & 17
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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