Nigeria will lose an estimated $6 billion in revenue to international oil companies, Shell and Eni, over the deal on the controversial oil block, widely known as Oil Prospecting License (OPL) 245. reported the new findings quoting a report by Global Witness called Take The Future. According to, leaked emails and confidential documents also showed that the oil giants might have used unethical means to secure the deal as they altered earlier terms on the oil block with the intention of depriving Nigeria billions of dollars of future revenue while raking in huge profits. The report draws on an analysis from leading experts at Resources for Development Consulting commissioned by Global Witness and NGOs HEDA, RE:Common and The Corner House. Two weeks before the deal was signed in 2011, Andrew Obaje, then Director of Department of Petroleum Resources advised the Federal Government not to accept the deal […]