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Nigeria, often dubbed the “Giant of Africa,” holds one of the largest reserves of oil and natural gas on the continent. For decades, petroleum has been the lifeblood of Nigeria’s economy, contributing significantly to government revenues, foreign exchange earnings, and national development. Yet, despite this abundant natural resource, Nigeria struggles with a paradox: it is...

The Role of the Petroleum Industry Act (PIA) in Reshaping Nigeria’s Oil and Gas Sector – Archibong Edet

  For decades, Nigeria’s oil and gas sector has served as the economic lifeline of the country. With petroleum accounting for the bulk of government revenue and export earnings, the sector has long been viewed as both a blessing and a burden. Despite its immense potential, the industry has been plagued by inefficiencies, regulatory overlap,...

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