New PIB in the Offing

For many players in the industry that have clamoured for Petroleum Industry Bill (PIB), there is a new deal for them.
The bill, that that eluded passage in the last Legislative year, same for the one before that, is to be re-presented in the National Assembly soon, for subsequent.
Senate President, Bukola Saraki, disclosed this in Abuja,
Whiile declaring open the ongoing National Assembly Business Environment Roundtable, Saraki said already, the current 8th National Assembly, after consideration of the harmonized version of the bill, has slated next week to lay it in both chambers.
He added that the Senate and House of Representatives had resolved to do a joint work on the bill.
The bill, which had provoked ethic rancour over the years, seeks to put the oil industry in more economic viability and allows players play a major role rather than the present where holds the aces.

Author: News Editor

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