The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.
Many Nigerians with critical interest had hitherto believed that the advent of Nigeria’s Petroleum Industry Act (PIA) 2021, which was signed into law in the aforementioned years, and arguably the most audacious attempts to overhaul the petroleum sector in Nigeria, will solve the real and imagined challenges in the nation’s petroleum sector, and turn Niger delta region, particularly host communities to zone of peace in their relationship with Crude Oil prospecting and exploration companies.
Without the sanctioning and commissioning of currently unsanctioned projects, Nigeria's overall production will likely decrease from the end of the decade. Read more.
The state-owned Nigerian National Petroleum Company recently became NNPC Limited, a commercial venture. Rather than operating as a government entity, with all of the red tape and inefficiencies that went with it, the company’s focus has been shifted to productivity and earning profits.
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.