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Call to split Nigerian PIB into parts
Nigeria should split its proposed Petroleum Industry Bill (PIB) into parts to avoid further delays to reforms, says Emmanuel Kachikwu, Managing Director of the state-owned Nigerian National Petroleum Corporation. ‘As long as we continue to want to pass a holistic PIB, it’s going to be a major challenge,’ he said last month. First proposed in 2008, the PIB has been held up largely by political wrangling and objections by international oil companies, which say that the government is demanding too big an increase in its share of the revenue.
News Item details
Journal title: Petroleum Review
Countries: Nigeria -
Subjects: Law and Legal practice, Energy policy