Thursday 29 September 2016

NIGERIA LOSES $200B TO NON-PASSAGE OF PIB

Executive Secretary, NEITI, Waziri AdioNigeria loses $200 billion yearly due to the non-passage of the Petroleum Industry Bill (PIB), a policy brief by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed.

The brief also alerted the nation to the fact that another $15 billion is lost yearly in fresh investments to regulatory uncertainties.

Read more @ Guardian NG

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