By Nneka Nwogwugwu
The Senate and the House of Representatives are to consider the report on the Petroleum Industry Bill, 2021 on Thursday.
Senate President, Ahmed Lawan announced this during the plenary on Wednesday saying the Senate has invited the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari for a closed session to explain the technical, financial, and other details contained in the bill.
Recall that the senate had on Tuesday, received the report of the Joint Committee on Petroleum (Downstream); Petroleum (Upstream), and Gas Resources on PIB.
Lawan also said Thursday’s plenary would be entirely devoted to the consideration of the report.
The bill, first presented in the National Assembly in 2008, will regulate the oil industry and attract more investment to the sector, according to lawmakers.
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