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Nigeria lost $50 billion to...

President Muhammadu Buhari has lamented a loss...

Nigeria lost $50 billion to delayed passage of petroleum bill – PMB laments

President Muhammadu Buhari has lamented a loss of $50 billion worth of investments in the petroleum industry since 2011 due to the absence of the Petroleum Industry Act (PIA). Buhari made this assertion in Abuja on Wednesday at a ceremony on passage of the PIA, which preceded the Federal Executive Council (FEC) meeting. Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement titled “Nigeria Lost Estimated $50billion Worth of Investments In 10 Years Due To Stagnation, Uncertainty Over Petroleum Industry, Says President Buhari”. According to...

Nigeria lost $50...

President Muhammadu Buhari has lamented a loss of $50 billion worth of investments in the petroleum industry since 2011 due to the absence of...
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