Vice President Yemi Osinbajo has urged stakeholders in the oil industry to find and agree on cheaper means of producing oil in the country.

Osinbajo’s spokesman, Laolu Akande, in a statement on Wednesday in Abuja, said that the vice president spoke at a virtual meeting on the Petroleum Industry Bill (PIB) with stakeholders in the industry.

https://newsrand.com/2021/01/14/osinbajo-urges-stakeholders-to-find-cheaper-means-of-oil-production/

The PIB holds many benefits to Nigeria and the Nigerians. It also offers the foreigners fairness in operating in the country as the Bill aims at encouraging investment, thus allaying the fear of International Oil Companies. The Bill is an excellent work that would bring a measure of sanity to the sector in the interest of all. When fully in operation, and implemented to the letter, it is capable of fast-tracking Nigerian technological development, not just in oil and gas but also in other sectors of the economy.

I so much like the concept that gas should be an enabler for quick development and I think that we must reach some kind of balance with this, especially with this question around domestic gas obligation.That is a good idea