Why investors in the Oil & Gas Industry are leaving Nigeria….
Firstly Exxon mobil discovered oil in Chad and built a pipeline to the West African coast through Cameroon.
Secondly a Chinese oil company discovered oil and built a 20k refinery in Niger Republic, now building a pipeline through Benin Republic.
Thirdly, International Oil companies – Shell, Exxon Mobil and now Total Energies are selling their land, swamp and shallow offshore OMLs in Nigeria and using the funds generated to invest in other African countries:
Shell in Namibia 🇳🇦
Exxon mobil in Tanzania 🇹🇿
TotalEnergies in Mozambique 🇲🇿
Why are the neighboring countries and international oil companies moving out of Nigeria? 🇳🇬
Do they know something that’s unknown to the Nigerian masses yet?
Is there a problem brewing that is not yet evident?