Nigeria Prepares To Reveal New Oil Bill 20 Years In The Making ...Middle East

Nigeria’s Senate is expected to see on Tuesday the presentation of the country’s petroleum industry bill, a new regulation on the oil industry that has taken 20 years to draft. The bill is expected to be presented at the Nigerian Senate today, Reuters reported, quoting the legislation’s agenda it had seen. The Petroleum Industry Bill (PIB) has been two decades in the making to overhaul the way Nigeria will share its oil resources with international oil companies and aim to attract new investment in oil and gas. The Senate could…

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