Nigeria PIA | How will E&Ps respond to Nigeria’s improved fiscal framework?

September 14, 2021

E&Ps active in Nigeria are set to see a substantial increase in the value of their portfolios once the Petroleum Industry Act (PIA) takes effect. Industry expectations on the outcome were low, but the PIA has surprised to the upside. The country has enormous remaining potential, but will this be enough to reinvigorate investment?