NASS intends to pass Petroleum Industry Bill in April — Rep. Mongunu | The Guardian Nigeria News - Nigeria and World News

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NASS intends to pass Petroleum Industry Bill in April — Rep. Mongunu | The Guardian Nigeria News - Nigeria and World News
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Rep. Mohammed Mongunu, the Chairman of House of Representatives Ad Hoc Committee on Petroleum, has said that the Petroleum Industry Bill (PIB), is expected to be passed by end of April to ensure competitiveness in oil and gas industry.

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Mongunu made the remark while speaking with newsmen on the sideline of the visit of the National Assembly Joint Committee on Petroleum to the Port Harcourt Refining Company in Eleme, Rivers, on Wednesday.

He said that the committee was in the PHRC to see its constraints and how best within the provision of the PIB it could leverage on the same for enhanced revenue. Mongunu added that the issue of privatisation of the refineries was at present the decision of the executive as NASS had yet to take a decision on it.

”We have done a lot of activities; we are very confident and are sure that we are going to bring back this facility’s optimum production capacity in a very short time.”Our engagement has been very different; we try to carry everybody along, we try to open up and show a lot of transparency in what we do.

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