• The moves by N’Assembly to scrap NNPC, DPR, PPPRA send shock waves across oil industry

    The moves by N’Assembly to scrap NNPC, DPR, PPPRA send shock waves across oil industry

    According to reports, the current move by the National Assembly to scrap the Department of Petroleum Resources (DPR), the Petroleum Products Pricing and Regulatory Agency (PPPRA) and the Nigeria National Petroleum Corporation (NNPC) through its new version of the Petroleum Industry Bill (PIB), Petroleum Industry Governance Bill (PIGB) has sent shock waves across the oil industry.

    National Assembly’s version of the controversial PIB clearly recommends the dissolution of the NNPC, DPR and PPPRA.

    Part three (3) of the Petroleum Industry Governance Bill, […]