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ABDULWASIU SOWAMI
The Nigerian oil and gas industry plays a vital role in the country's economy, contributing to GDP and attracting foreign investment while generating employment opportunities.
Although, Femi Otedola’s decision to divest his shares in Forte Oil came as a surprise to many Nigerians, it was more surprising that it was acquired by Nigerian company, Prudent Energy & Services Limited, owned by a Nigerian businessman and oil mogul.
Forte Oil Plc has announced the appointment of six new members to its board of directors and the resignation of eight directors.