By Suraj ‘Jarus’ Oyewale, ACA Tax Accountant @ an Oil & Gas Company Founder, JarusHub Career Portal Being a paper presented at the 1st Public Discussion Forum organized by the Economic Insight, the press arm of the Economics Students Association of the Obafemi Awolowo University, Ile-Ife, Nigeria Saturday, March 29, 2014 THEME: THE NIGERIAN PETROLEUM INDUSTRY BILL (PIB): FRAMEWORK FOR ECONOMIC EMANCIPATION OR POLITY DESTABILIZATION? Continued from part 2 TAXATION UNDER PIB The PIB effectively repeals the Petroleum Profits Tax Act (PPTA), which has been governing the fiscal framework in the upstream sector pre-PIB. Upstream oil and gas companies will now […]