BREAKING: Senate Passes Petroleum Industry Governance Bill
In a bid to ensure the effective running of the petroleum sector, the Senate on Thursday passed the Petroleum Industry Governance Bill, PIGB.
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.
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The bill according to the lawmakers will tackle corruption in the petroleum sector.
The #PIGB, 2017 (SB. 237) is read for the 3rd time and PASSED.
— The Nigerian Senate (@NGRSenate) May 25, 2017
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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
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