MOGADISHU (HOL) – President Mohamed Farmaajo Saturday signed the amended Petroleum Law marking a major milestone for the country’s efforts to exploit oil resources even as some Federal Member States rejected the law as lacking in consultations.
Villa Somalia said in a statement the signing into law of the Petroleum Law ‘demonstrates to international investors the commitment of the Government and the Somali people to achieve their vision for stability and to move forward in the spring of prosperity and development.’
Somali President Signs Petroleum Law, Senate Approves Elections Law
