The Petroleum Industry Bill, (PIB 2020) passed first reading on the floor of the Senate during plenary on Wednesday.

The controversial bill was presented by Yahaya Abdullahi, the Leader of the Senate, and was read for the first time by the Ahmad Lawan, the President of the Senate.

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, had last week said that international investors are losing confidence in the Nigeria oil industry, especially in the upstream sector...


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