Tag: Petroleum Industry Governance Bill

The PIGB 2017 passed by the Senate on May 25, 2017, has the following objectives:

1. create efficient and effective governing institutions with clear and separate roles for the petroleum industry;
2. establish a framework for the creation of commercially oriented and profit driven petroleum entities that ensure value addition and internationalization of the petroleum industry;
3. promote transparency and accountability in the administration of petroleum resources of Nigeria; and
4. foster a conducive business environment for petroleum industry operations.

Continue reading “PIGB 2017 – Objectives”