Wednesday 13 April 2016

NON PASSAGE OF PIB SLOW RIG ACTIVITIES, NEW INVESTMENTS – BAKER HUGHES, FDC RESEARCH

Without the passage of the Petroleum Industry Bill (PIB) and instituting new fiscal incentives that will attract new investments, Nigeria’s rig count will remain flat in the second quarter, indicating declining investments, according to a new research by Baker Hughes and Financial Derivatives.

Read more @ BusinessDay

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