Buhari Signs PSC Bill Into Law

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President Muhammadu Buhari has signed the Production Sharing Contract bill into law.

He said, “This afternoon I assented to the bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act.”

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…

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