PIB and the Niger Delta
With the latest move to address the petrol-carbon sector in Nigeria through the Petroleum Industry Bill, Nigerians are anxious to see how far it will go in addressing among others: the legal, fiscal and regulatory framework, the guidelines for the operation of the upstream, midstream and the downstream sectors, the redistribution of economic rent in the host oil producing communities, the impact on the environment, especially gas flaring. What is is the PIB that positively impacts the host communities and how will it effectively end gas flaring? Read full