Posted By: | November 10, 2024 |
Venturings: A Commentary on Upstream “Assignments, Mergers, Transfers and acquisition" under the petroleum industry Act No. 6of 2021
Introduction
The above statement by the Chief Executive (CE) of the sectoral regulator attracted widespread backlash, apparently because he also made statements that were interpreted as “demarketing” Dangote Refinery. A US$20 million project and Nigeria’s largest private sector investment,² the Refinery’s commissioning had been eagerly anticipated by citizens; given the potential benefits to the economy, particularly the easing of pressure on Nigeria’s foreign currency demand, and resultant impact on the value of the Naira.³
Read More
-and-Limited-partnerships-(LPs).jpg)
