Monday, February 16, 2026
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Tag: MOFI

Amending the PIA is Not in the Best Interest of the Nigerian Oil Industry 

The shift of power to MOFI, a government-controlled entity, increases the risk of political influence over NNPCL’s operations. Modern oil companies thrive when operational and strategic decisions are insulated from shifting political priorities. Excessive state intervention can lead to short-termism, policy reversals, or decisions influenced by political expediency rather than sound commercial reasoning.