The National Assembly has said that the Petroleum Industry Governance Bill (PIGB) is now ready for Presidential assent. This followed consideration and adoption of the conference committee report on the PIGB at yesterday’s plenary.

Presenting the report, the chairman, Senate Committee on Petroleum (Upstream), Tayo Alasoadura, discloseded that out of the 12 contentious areas in the bill, nine were resolved in favour of the Senate, as against three for the House of Representatives.

Recall that while the Senate passed the bill on May 25, 2017, while the House of Representatives passed its version on January 25, 2018.