Over the years, controversies have trailed the passage of the contentious Petroleum Industry Bill (PIB),
although, the Federal Government (FG) had assured of its passage by mid-2020, experts not only believe that its continued delay may further rob the country of investment gains but that a good bill may not be passed in the long run. ADETOLA BADEMOSI writes on the journey of the bill and gains, if passed.
For a long time, stakeholders as well as experts have repeatedly called for passage of the Petroleum Industry Bill (PIB) which seems to have tarried for over a decade. Because of the complexities in the oil and gas sector, a presidential committee set up in 2007 developed the bill…
Source: Nigerian Tribune