Introduction Production Sharing Contracts (PSCs) have become the cornerstone of Nigeria’s upstream petroleum sector, particularly following the enactment of the Petroleum Industry Act (PIA) 2021. The PIA establishes PSCs as contractual arrangements under which the financial risk-bearing party,
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp