Browsing: Special Report

Many industry watchers acknowledged to our correspondent that in the face of collapsed oil prices and continuing uncertainty in the global crude market, and giving the country’s singular reliance on oil for economic survival, the government needs to engage the militant groups if there is to be any hope of peace in the region, which will allow for the exploitation of crude resources.

While also calling for the speedy passage of the PIB, which he described as the most important solution to the myriad of problems facing the sector, he said, “The PIB must be passed into law if efforts to woo investors into the sector are to yield any positive fruits.