Policy & Regulation

Nigeria close to passing last two components of PIB – committee chair

Nigeria’s parliament will pass the remaining two components of the Petroleum Industry Bill PIB this month, Fred Agbedi says.
By Staff reporter 6 June 2018 0 31182

Nigeria’s parliament will pass the remaining two components of the Petroleum Industry Bill (PIB) – the Petroleum Industry Fiscal Bill and the Petroleum Host and Impacted Communities Bill – this month, according to Fred Agbedi, the chairman of Nigeria’s House of Representatives Committee on Gas.

Nigeria’s Independent newspaper reported that Agbedi, who was speaking at the Natural Gas Business Forum 2018 in Lagos, stated that parliament would have passed the bill sooner but that lawmakers had been constrained by the number of conflicting interests...