Understanding the elements of the Petroleum Industry Governance Bill

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Understanding the elements of the Petroleum Industry Governance Bill

ANALYSIS Prof. Chijioke Nwaozuzu 17 June 2018, Sweetcrude, Lagos — The oil and gas industry has been the pivot on which the Nigerian economy has depended for decades. This sector accounts for more than 80% of foreign exchange revenue but contributes less than 20% to the nation’s gross domestic product (GDP). In spite of the huge …

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