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Dhageyso: Sheekh Abuu Muscab oo Shir jaraa’id ku faah faahiyay dagaallo ka dhacay Koonfurta iyo bartamaha Soomaaliya. Ciidamo Itoobiyaan ah oo qarax lagula beegsaday degmada Qansaxdheere.

MOGADISHU (Somaliguardian) – Somalia’s President Mohamed Abdullahi Farmajo was aware of the signing of an offshore oil exploration deal with a US-based company and has backtracked on the deal following social media backlash, Minister of Petroleum Abdirashid Mohamed Ahmed said on Saturday.

In an interview with VOA Somali, the Minister said the government would receive a signing bonus of $7 million within a month after striking the deal with Coastline Exploration, which covers seven offshore blocks in northeastern and southern regions of Somalia.

Key critics of the President, including the leader of Wadajir opposition party Abdirahman Abdishakur, said Farmajo had begun “looting” public resources after losing faith in his attempts to seek re-election.

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