Nigeria Petroleum Industry Bill 2012: Conflict Analysis Report

Nigeria is an oil-rich country and its economy is heavily reliant on profits from oil which make up 80% of federal revenues (Wallis, 2012). The heavy reliance on oil exploration and exploitation, and the almost total dependency of states on central government coffers creates an undesirable situation. The Petroleum Industry Bill, touted to be a panacea for many of the country’s social and economic ills, has been a four year battle for the government of Nigeria (GoN) to better the oil sector and adhere to international standards (Igwe, 2012). view full document

About Author: Integrity Org

Integrity Organization is committed is an anti-corruption, research and advocacy organization. Its activities are centered on the aim to reduce the tolerance for corruption in Nigeria.

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