February 3, 2021

Africa

NIGERIA: Petroleum Industry Bill (PIB) about to enter crucial stage

BY Malte Liewerscheidt

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( 4 mins) Petroleum Industry Bill (PIB) about to enter crucial stage During last week’s public hearings, industry stakeholders voiced various concerns regarding the bill’s investment provisions. Representatives of the oil-producing Niger Delta region meanwhile advocated for a larger revenue share. Despite an acute revenue crisis, considerations beyond the current electoral cycle may result in a more accommodative […]

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