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Nigeria gas projects fight legislative fog

Nigerian president Muhammadu Buhari has surprised many investors by declining to sign into law the embattled Petroleum Industry Governance Bill. Claiming the bill would divert scarce financial resources from state coffers, Buhari in late August struck a potentially lethal blow to petroleum reform. He may also have brought an anticlimactic end to almost two decades of tortuous legislative to and fro over petroleum reform, marked by extensive lobbying and concern from Shell, Eni, ExxonMobil, Total and other international partners.

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