The senate today passed the Petroleum Industry Bill. Senate President, Bukola Saraki, who presided over the house today, said the senate had broken the 17 years jinx that have surrounded the passage of the bill...
This was part of the recommendations in the report by the Joint Committee on Petroleum (Upstream, Downstream and Gas) on the PIGB, which was adopted by the Senate at the plenary on Wednesday.
While presenting the report, the Chairman, Senate Committee on Petroleum (Upstream), who is also Chairman of the Joint Committee on Petroleum, Senator Tayo Alasoadura, said some subsidiaries of the NNPC had also been merged into an entity to be known as the Nigeria Petroleum Regulatory Commission.
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