Nigeria’s Senate Passes Long-awaited Oil Governance Bill To Improve Transparency and Stimulate Growth

Nigeria’s Senate Passes Long-awaited Oil Governance Bill To Improve Transparency and Stimulate Growth

ABUJA (Capital Markets in Africa) – As Nigeria’s Oil Minister  Emmanuel Ibe Kachikwu spoke to journalists at the meeting of the Organisation of Oil Petroleum Exporting Countries OPEC in Vienna Thursday, Nigeria’s Senate passed a long-awaited oil governance bill which the president of parliament’s upper chamber said would improve transparency in the OPEC member’s energy industry and stimulate growth in the sector. The Petroleum Industry Governance Bill is one part of proposed reforms that make up the sprawling…

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