AGF Fagbemi Clarifies OPL 245 Dispute Resolution

Attorney General Fagbemi disputes Atiku's claims about unresolved OPL 245 oil block dispute. Fagbemi states the 2011 agreement resolved the nearly 30-year legal battle, with Malabu Oil relinquishing claims for compensation. He cites a 2025 Court of Appeal dismissal of Malabu's challenge as statute-barred. The AGF emphasizes the administration's lawful resolution avoids $2 billion liability and unlocks 150,000 barrels/day production. He warns opposition stems from undisclosed self-serving interests, urging Nigerians to reject attempts to derail the strategic economic move.

SOURCE: https://www.channelstv.com/2026/03/26/fagbemi-faults-atikus-claims-on-opl-245-dispute-resolution/