THE PASSAGE OF THE PETROLEUM INDUSTRY GOVERNANCE BILL: A STEP TO CHANGE

The momentous passage of the Petroleum Industry Governance Bill on May 25, 2017 by the Nigerian Senate was heralded by many as a revolutionary step at creating a legal framework to address some of the perennial challenges that has plagued the oil and gas industry over the years. With this development, it is expected that the Bill will go through a few other legislative procedures and eventually assented by President of the Federal Republic of Nigeria. We give a short overview of the provision of the passed Bill in this article.To download and read, please click here.