Nigeria: the new Petroleum Bill

The Petroleum Industry Bill ("PIB") is perhaps one of the most talked about pieces of legislation in Nigeria given the far reaching reforms which it proposes to an industry which is the single most significant contributor to the national economy. Originally introduced in December 2008, the bill has undergone numerous revisions and has been the subject of intense debate. On 18 July 2012 President Goodluck Jonathan presented a new version of the PIB to the seventh session of the National Assembly for consideration and enactment.

Nigeria: the New Petroleum Bill 

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