Senate passes historic Petroleum Industry Bill, PIB

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In a historic move early Thursday, the Senate passed the Petroleum Industry bill, after over 17 years.

This Bill is not only for Nigerians but for our investors. We are proud of what has been done”, Senate President Bukola Saraki said.

The  PIB, 2017 (SB. 237) was read for the 3rd time and PASSED.

The bill will now be sent to the House of Representatives for concurrence before seeking presidential assent.

 

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