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Nigeria, once a leading crude oil producer in Africa with close to two million barrels per day production is struggling to keep up despite the passage of the Petroleum Industry Act.
Amidst uncertainties facing the upstream segment of the Nigerian petroleum industry, the Federal Government, yesterday in Abuja, announced that fresh regulations are being considered to address key issues in the sector.
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.
Nigerian National Petroleum Company Limited (NNPC) has started testing the waters with the Petroleum Industry Act (PIA). It is urging
By Edith Ike-Eboh and Emmanuel Afonne