NASS to fast-track passage of oil bill – senate president’s office

ABUJA Oct 4 (Reuters) – Nigeria’s lawmakers will prioritise and fast-track the passage of its petroleum industry bill (PIB), the Senate president’s office said on Tuesday.

It said passage of the bill, which covers everything from an overhaul of state oil company NNPC to taxes on upstream projects, was part of a 20-point resolution passed by the upper house of parliament to stimulate the economy, which is in recession for the first time in more than 20 years. (Reporting by Camillus Eboh; Writing by Alexis Akwagyiram; Editing by Ruth Pitchford)

 

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