How government reforms are reinvigorating investment in Nigerian oil

It's clear that for the Nigerian oil and gas sector to attract further investment - both at home and from abroad - it's vitally important that we create an industry that is robust and transparent in the way that it is funded, regulated and structured. Our national government has already made great progress in this area and - combined with increased stability in some of the more volatile oil-producing areas - it seems that investment is on the way up in our sector. And while there is still much work to be done, we can be proud of the changes that have already been made. A framework for change One of the most fundamental pieces of governmental reform in this area has been the Petroleum Industry Governance Bill (PIGB). The bill – which was passed by our nation's senate on 25 May last year – has gone a long way towards introducing a new legal framework for the country's oil and gas...
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