Senate passes the Petroleum Industry Bill 2021

The Senate at plenary passed the Petroleum Industry Bill 2021.

The passage of the report of the joint committee Petroleum Upstream,downstream and Gas.

the chairman Senator Sabo Mohammed while presenting the report said that they undertook an on the spot assessment of the host communities to access the impact of oil exploration.

He explained that they

held several meetings and considered several reviews on inputs made by the stakeholders at the public hearing. He said that about 752 provisions were Amended in the bill.

The bill when assented to by president Mohammad Buhari would create an Efficient governing institution with clear and separate role for Petroleum industry,and promote transparency,Good Governance and accountability in the administration of petroleum resources.


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