Nigerian elections could delay petroleum sector reforms

Nigeria is set to pass new legislation on its oil and gas sector, but significant hurdles to reform still remain Nigeria is set to pass new legislation on its oil and gas sector, but significant hurdles to reform still remain.
By Felix Janvrin 11 April 2018 0 30381
Muhammadu Buhari addresses the UN Nigerian President Muhammadu Buhari. (PA)

Muhammadu Buhari, the president of Nigeria, is set to sign the country’s Petroleum Industry Governance Bill (PIGB) into law following the harmonisation of amendments by Nigeria’s two chambers of parliament on 27 March. However, reforms to the country’s oil and gas sector are still a long way from becoming reality. 

The PIGB is the first of three components of the Petroleum Industry Bill, which was first tabled 17 years ago, and seeks to fundamentally reform the institutions governing the regulatory environment of Nigeria’s...

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