Jump to navigation

Vol 50 No 23

Published 20th November 2009


The biggest reform of all

President Umaru Musa Yar’Adua’s government is trying to win support for its new oil law by offering Delta communities a stake in the business

The Petroleum Industry Bill (PIB), which President Umaru Musa Yar’Adua’s supporters are trying to steer through the National Assembly, is meeting massive opposition from the major oil companies, their political lobbyists and the Niger Delta militants who resent the lack of concessions offered. Efforts to make the oil business more market-oriented and to free it from political manipulation have been going for more than a decade; they won’t end soon.

End of preview - This article contains approximately 1551 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.