Nigeria: ‘New PIB’ strips president of discretionary powers

Nigeria: ‘New PIB’ strips president of discretionary powers
09 December 2015, Lagos – The new draft of the controversial petroleum industry bill (PIB) strips the president of the discretionary powers to allocate oil blocks, TheCable understands. The bill now confers the power to allocate petroleum exploration and production leases and licences to the Nigeria Petroleum Regulatory Commission (NPRC) which shall be established under […] More »
Nigeria: ‘New PIB’ strips president of discretionary powers Nigeria: ‘New PIB’ strips president of discretionary powers Reviewed by Crude Oil Facilitators on 19:38 Rating: 5

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