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Nigeria: Why the Proposed Pia Amendment Is Not Such a Good Move

The amendment aims to increase government revenue by shifting powers from NNPCL to the Ministry of Finance, risking reversal of transparency gains under the 2021 Petroleum Industry Act.

Summary by allAfrica
It took over two decades for the National Assembly to finally pass the Petroleum Industry Bill in July 2021 and for President Muhammadu Buhari to sign it into law the in August 2021 as the Petroleum Industry Act (PIA).

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Daily Trust broke the news in on Tuesday, September 30, 2025.
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