The minister noted Oando’s proposal aligned with the government’s goals of reducing the state’s burden.
Mr Adekoya urged Mr Tinubu to stop hounding The Gazette’s reporters with “hot-tempered” police officers and allow the law to take its due course.
The NGX market capitalisation, which opened at N59.004 trillion, dropped by N69 billion or 0.12 per cent, closing at N58.935 trillion.
Market breadth closed negative with 30 losers and 17 gainers on the floor of the exchange.
The market capitalisation, which opened at N59.510 trillion, closed higher at N59.707 trillion.
Sell-offs in MTN Nigeria, alongside tier-one banking stocks, on Tuesday shed 0
The latest valuation elevated Oando to the top 10 most-capitalised companies on the Nigerian stock exchange.
The market capitalisation, which opened at N54.382 trillion, added N66 billion or 0.12 per cent to close at N54.448 trillion.
However, trading activities reflected a downward trend as the total value of shares traded decreased by 53.68 per cent.
According to him, the company’s turnover stood at N477.1 billion in 2020 and grew to N803.5 billion in the same period in 2021.
