President Muhammadu Buhari has signed the Production Sharing Contract bill into law.
This was announced through his official Twitter handle on Monday.
He said, “This afternoon I assented to the bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act.
“This is a landmark moment for Nigeria; let me use this opportunity to thank the National Assembly for the cooperation that produced this long-overdue amendment.”
More details shortly…