Petroleum and Natural Gas Senior StaffAssociation of Nigeria , has called on the Federal Government toengage critical stakeholders in the oil and gas sector for quick passage of thePetroleum Industry Bills pending before the National Assembly to revolutionisethe industry and restore investors’ confidence.
The oil workers decried that the delayedpassage of the PIB has opened up several unresolved issues, noting that theuncertainty and lack of alignment with the industry’s operators on the proposedfiscal regime in the PIB have stalled many investment decisions. According to the Association, this willdefinitely open the floodgate for other parts of the PIB to be worked on andpassed by the National Assembly.
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