PIB to be passed before June ends ― Senate President

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PIB to be passed before June ends ― Senate President

Nigeria's corporate existence under threat — Lawan
PIB to be passed before June ends ― Senate President

By Obas Esiedesa, Abuja

The Senate President, Ahmad Lawan has disclosed that the Petroleum Industry Bill, PIB, which has been 20 years in making, will be passed before the end of June 2021.

Lawan who made this disclosure at the opening of the 2021 Nigeria International Petroleum Summit, NIPS, in Abuja on Monday, said the joint committee of the Senate and the House of Representatives are almost concluding the writing of its report.

He acknowledged that though the plan was to have the PIB passed by the end of May, more needed to be done to ensure that the concerns of all stakeholders were adequately and fairly considered.

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He said: “We want to be very fair in listening to everyone but one different approach that has been able to bring us where we are today in the PIB processing is that we decided right from the beginning that the solo effort in 2007/2008 by the then Executive Arm of government by…



Source: Vanguard Newspaper