• FG renames PIB as PRB, submits draft bill to National Assembly soon

    FG renames PIB as PRB, submits draft bill to National Assembly soon

    According to reports, the Federal Government may have renamed the Petroleum Industry Bill (PIB) as Petroleum Reform Bill (PRB). The draft bill is expected to be submitted to the National Assembly in the next few weeks.

    Speaking yesterday in Abuja at the Nigeria Gas Association (NGA) 10th international conference and exhibition, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, consistently referred to the PIB as PRB.

    According to Kachikwu, “On the Petroleum Reform Bill, we are in the process of […]