Energy & Natural Resources, Nigeria updates

Overview of proposed petroleum industry bill
  • Nigeria
  • March 21 2016

The Petroleum Industry Bill 2012 failed to be passed into law, but advocates for reform have refined their efforts by splitting the bill into prioritised segments. The new Petroleum Industry Governance and Institutional Framework Bill 2015 aims to address the problem of administering petroleum resources in line with global best practice and to provide for efficient and independent sector regulation.

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