PIB renamed, passes first reading

PIB renamed, passes first reading

The Upper Chamber of the National Assembly (NASS)the Senate has commenced work on the controversial updated version of the Petroleum Industry Bill (PIB) and passed its first reading on the floor on Wednesday.

The PIB which could not be passed by the 7th National Assembly has now been re-named Petroleum Industry and Governance Bill (PIGB).

‎The PIGB as introduced in the Senate yesterday by Senator Donald Alasoadura (APC, Ondo Central) was the product of harmonised work by both chambers of the National Assembly. Read more


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