Home News Senate Scraps NNPC, others in New Petroleum Industry Governance Bill
Senate Scraps NNPC, others in New Petroleum Industry Governance Bill
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Senate Scraps NNPC, others in New Petroleum Industry Governance Bill

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Damilola Oyedele, Chineme Okafor, James Emejo, Onyebuchi Ezigbo in Abuja and Ejiofor Alike in Lagos. The ding-dong over a legal regime that would reform and make the petroleum industry more transparent and efficient began a homeward stretch Thursday as the Senate passed the Petroleum Industry Governance Bill (PIGB).

The bill, when concurred to by the House of Representatives and assented to by the president, would institute a new governance structure in the management of the nation’s oil industry assets and its manager, the Nigerian National Petroleum Company (NNPC).

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