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Will Nigeria's Petroleum Bill Dampen Investments?

The plan by the federal government to use the Petroleum Industry Bill as a legislative framework to attract U.S.$108 billion investment in the oil and gas industry between 2012 and 2025 may not be realised.
Vanguard

Cartoonist depicts corruption in Nigerian petroleum sector

  • Nigeria:   Another Oily Report

    Vanguard, 5 November 2012

    Not counting the Petroleum Industry Bill, for the second time this year, a report on the oil industry is generating a storm before there is a chance to consider it. Read more »

  • Nigeria:   IMF's Poisoned Pill

    Vanguard, 5 November 2012

    "We see increase in oil reference price as a threat because the money will be shared by the three tiers of government. It will increase spending and inflationary spending. We think… Read more »

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