Nigeria Softens PIB to Lure Investment from Major Oil Firms – Reuters

Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed. According to Reuters, key changes to the bill would lower the royalties for new production…for further reading, click on

Source: BusinessDay Newspaper                  Apr 19, 2021