The PIGB is the first part of the Petroleum Industry Bill, PIB, which the National Assembly has failed to pass for nearly a decade.
The upper legislative arm divided the PIB into four parts to allow its easy passage.
The bill according to the lawmakers will tackle corruption in the petroleum sector.
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The #PIGB, 2017 (SB. 237) is read for the 3rd time and PASSED.
— The Nigerian Senate (@NGRSenate) May 25, 2017
Senate President @bukolasaraki thanks the Committee and it’s members.
— The Nigerian Senate (@NGRSenate) May 25, 2017
SP @bukolasaraki says this is a Bill #PIGB that has been here for many years, we made a commitment and it’s being fulfilled.
— The Nigerian Senate (@NGRSenate) May 25, 2017
“This Bill is not only for Nigerians but for our investors. We are proud of what has been done”- Senate President @bukolasaraki.
—The Nigerian Senate (@NGRSenate) May 25, 2017