After two years of implementation of the Petroleum Industry Act (PIA), experts have decried low revenues to the federation account. As a result of this, they are canvassing the review, amendment and overhauling of the PIA to guarantee maximum revenues to the federation, reports Nigerian Tribune. Leading the pack of experts, Professor of Econom...
•Olisa Agbakoba, SAN A Senior Advocate of Nigeria, Dr Olisa Agbakoba, has said the provisions of the Petroleum Industry Act were designed for money and contract sharing and not the country’s development. He also challenged politicians and other stakeholders to highlight one successful commercialised or privatised government entity in Nigeria. ...
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