Nigerians have taken to social media to react to reports of plans by American oil giant, Exxon Mobil to divest its assets in Nigeria.
According to Reuters, quoting industry and banking sources, the company has held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana.
The report said that the potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion.
However, some commentators blamed the harsh economic realities in Nigeria for the company’s alleged plans to leave the country.
Read comments monitored on Twitter:
https://twitter.com/Pirisola_/status/1113395617450078210
ExxonMobil is leaving Nigeria!!!!!!!!!!
I cant breathe!
This is the 6th multinational leaving Nigeria!
APC said the top international banks that left were helping to collect loot.
Which loot is ExxonMobil collecting?
— the Morris Monye factor (@Morris_Monye) April 3, 2019
https://twitter.com/olajideobe/status/1113361057236574208
https://twitter.com/Zuronye/status/1113351106330091520
https://twitter.com/FinPlanKaluAja/status/1113280471067033602
This one Shell and ExxonMobil is trending in Nigeria. Still want to work in these companies, don't give me heart attack pls! pic.twitter.com/90s5pzj5WH
— Snow Patrol 🙄 (@xyoung7123) April 3, 2019
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