Nigeria’s Fiscal Provisions For Gas, …One Of Most Attractive In Africa – Osinbajo
The Federal Government of Nigeria has said that its fiscal provisions in the Petroleum Industry Bill for gas business would be one of the most attractive in Africa.
The Vice President, Prof Yemi Osinbajo made this known on Tuesday at the opening ceremony of the 38th International Conference of Nigerian Association of Petroleum Explorationists (NAPE) in Lagos. Themed “Accelerating Growth in Nigeria’s Hydrocarbon Reserves: Emerging Concept, Challenges and Opportunities” the annual conference held virtually.
The Vice President who was represented by the Minister of State for Petroleum Resource, Chief Timipre Sylva said that Nigeria’s effort to grow its reserves has seen it propose striking fiscal incentives that will attract more investment into the country’s hydrocarbon space.
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Source: OrientEnergyReview