Published • loading... • Updated
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
3 Articles
3 Articles
Nigeria: Why the Proposed Pia Amendment Is Not Such a Good Move
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).
·South Africa
Read Full ArticleWhy the proposed PIA amendment is not such a good move
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). The PIA 2021, replaced the Petroleum Act of 1969 which was the first comprehensive legislation which sought to harmonise the workings of the Nigerian Oil and Gas Industry since the discovery of crude oil in commercial quantities …
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium