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President Muhammadu Buhari has assented to the Deep Offshore Act. This was made known in a statement issued by Garba Shehu, Senior Special Assistant to the President (Media & Publicity). According to him, the president who is on a visit to London, signed the bill into law on Monday. The usatimes.cc Chief of Staff to the President, Abba Kyari, was with the president when he signed the Act. President Buhari was quoted as saying: “Today is an important day for all Nigerians – but particularly the young generation. “Today I signed into law the amended Deep Offshore Act. Nigeria will now receive its fair, rightful and equitable share of income from our own natural resources for the first time since 2003. “In that year oil prices began a steep increase to double – and at times – triple over the following decade. “All this time Nigeria has failed to secure its equitable share of the proceeds of oil production, for all attempts to amend the law on the distribution of income have faile...

President Muhammadu Buhari has assented to the Deep Offshore Act. This was made known in a statement issued by Garba Shehu, Senior Special Assistant to the President (Media & Publicity). According to h webapex.net im, the president who is on a visit to London, signed the bill into law on Monday. The Chief of Staff to the President, Abba Kyari, was with the president when he signed the Act. President Buhari was quoted as saying: “Today is an important day for all Nigerians – but particularly the young generation. “Today I signed into law the amended Deep Offshore Act. Nigeria will now receive its fair, rightful and equitable share of income from our own natural resources for the first time since 2003. “In that year oil pr ysin.org ices began a steep increase to double – and at times – triple over the following decade. “All this time Nigeria has failed to secure its equitable share of the proceeds of oil production, for all attempts to amend the law on the distribution of in...