Nigeria’s petroleum industry has been struggling with fiscal issues: Kyari

Nigeria’s petroleum industry has been struggling with fiscal issues: Kyari

NNPC boss Mele Kyari says the Petroleum Industry Act (PIA) will attract more business investments and tackle the fiscal issues the sector has been struggling with.

“Our industry has been struggling with the fiscal environment in Nigeria, such as issues surrounding investors investing money and getting it back with returns they deserve and without fiscal stability and sanctity of contracts,” he acknowledged. 

On Wednesday, Mr Kyari gave this assurance at the ongoing World Petroleum Congress in Houston, Texas.

He, however, added, “This is what our new law has…

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Nigeria’s petroleum industry has been struggling with fiscal issues: Kyari

 

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