Lawan: N’assembly will pass PIB before end of June

Senate President Ahmad Lawan says the national assembly will pass the much-awaited Petroleum Industry Bill (PIB) before the end of June.

In May, Timipre Sylva, the minister of state for petroleum resources, had assured that the passage of the PIB will not go beyond June 2021.

The minister said the PIB will enshrine an investor-friendly, market-led gas pricing structure.

Speaking at the opening session of the 2021 Nigeria International Petroleum Summit in Abuja on Monday, Lawan said both the upper and lower chambers of the national assembly are concluding works on the…