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Nigeria: Buhari Signs Deep Offshore Law in London
This Day, 4 November 2019
President Muhammadu Buhari Monday in London signed the amended Deep Offshore bill into law. Read more »
Buhari Signs Law That Govt Says Will Increase Oil Earnings
President Muhammadu Buhari has signed a bill into law that amends legislation on agreements related to offshore oil production. The law will significantly increase Nigeria's share of earnings earned from oil wells off the country's coast. "This is a landmark moment for Nigeria," Buhari said in a tweet in which he also thanked lawmakers for cooperating in what he called a long overdue amendment.
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Nigeria: Buhari Leaves Osinbajo 'Floating', Signs Bill in UK
Daily Trust, 5 November 2019
President Muhammadu Buhari has temporarily relocated the Presidency to the United Kingdom where he signed the Deep Offshore and Inland Basin Production Sharing Contract (PSC)… Read more »
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Nigeria: Buhari Signs Amended Deep Offshore Act in London
Vanguard, 4 November 2019
President Muhammadu Buhari on Monday in London signed the amended Deep Offshore Act. Read more »
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Nigeria: Buhari Signs Law That Will Significantly Increase Oil Earnings
Premium Times, 4 November 2019
President Muhammadu Buhari has signed the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law. Read more »
InFocus
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Since 1998, underpayment of taxes to the Nigerian government has finally caught up with oil giants operating in the country. Under the country's joint operating agreement, Nigeria ... Read more »
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There are indications that Nigeria's oil sales may be going through difficult times following President Donald Trump's new strategy to increase U.S. dominance in the global oil ... Read more »
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As the newly appointed Group General Manager of the Nigerian National Petroleum Corporation, Mele Kyari, assumes office, calls for the deregulation of the country's oil industry ... Read more »
