Nigeria’s PSCs: Septic sores of a nation’s economy

08 November 2015, Sweetcrude, Lagos – In 1999, the Federal Military Government rolled out the Deep Offshore and Inland Basin Production Sharing Contracts Decree No. 9. It was amended by Decree No. 26 of 1999. The Law empowered the NNPC to enter into Production Sharing Contracts, PSCs, with oil producing companies. The features of the […] More »