INDUSTRY REPORTS

Complete Harmonised Version Of The Petroleum Industry Governance Bill (PIGB) 2018

AN ACT TO PROVIDE FOR THE GOVERNANCE AND INSTITUTIONAL FRAMEWORK FOR THE PETROLEUM INDUSTRY AND FOR OTHER RELATED MATTERS

 

Harmonised-Clean-Copy-of-Petroleum-Industry-and-Governance-Bill-2018 (2)

Although assent to the bill has suffered setback, industry watchers remain unanimous that it is capable of reforming Nigeria’s oil and gas industry in line with global best practice.

The Presidency has said that provisions in the bill which permits the Petroleum Regulatory Commission (PRC) to retain as much as 10percent of generated revenue is reason the bill was vetoed.

But experts are urging President Muhammadu Buhari to reconsider the decision.

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NNPC MONTHLY OIL AND GAS REPORT JULY 2020T


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NPC Monthly Report
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