The national assembly has passed the historic Petroleum Industry
Governance Bill (PIGB).
The bill was passed after Donald Alasodura, senator representing
Ondo central, presented a conference committee report on the
bill.
The two chambers of the national assembly set up the conference
committee after the house of representatives passed theirs on
January 17.
It is expected to be sent to President Muhammadu Buhari on
Friday for his assent.
If signed into law, the Nigerian National Petroleum Corporation
(NNPC) will be unbundled and will start running like proper
business units.
More details later
The national assembly has passed the historic Petroleum Industry
Governance Bill (PIGB).
The bill was passed after Donald Alasodura, senator representing
Ondo central, presented a conference committee report on the
bill.
The two chambers of the national assembly set up the conference
committee after the house of representatives passed theirs on
January 17.
It is expected to be sent to President Muhammadu Buhari on
Friday for his assent.
If signed into law, the Nigerian National Petroleum Corporation
(NNPC) will be unbundled and will start running like proper
business units.
More details later
Read more https://nairalaw.com/just-in-national-assembly-passes-pigb/