Economy and Politics: PIA and The Quest for Productivity and Efficiency in the Nigerian Oil and Gas Sector
This edition of the "Economy and Politics" show features Dr Tominiyi Owolabi, Partner, Oil and Gas, Olaniwun Ajayi LP as he speaks on the "Petroleum Industry Act and Improved Investments in the Nigerian Oil and Gas Sector".
He believed that the industry was in dire need of a leadership structure that can drive productivity and efficiency in the petroleum industry.
Giving further insight he stated that with the new regulatory structure for the upstream, midstream, and downstream sector, competence should be given top priority in the appointment of the Heads of the regulatory agencies.
The expert pointed out that one of the interesting features of the PIA legislation is the support it will give for the extensive utilization of Nigeria's gas reserves. He welcomed the plan by the legislation to build Nigeria's gas infrastructure.