Nigeria: House Not Under Pressure to Scuttle PIB

10 April 2013

The House of Representatives Tuesday denied that it was under intense pressure from International Oil Companies (IOCs) to scuttle the passage of the Petroleum Industry Bill (PIB) currently pending before the two chambers of the National Assembly.

There have been speculations that the multinational oil firms operating in Nigeria have constituted a powerful lobby group to ensure that the PIB was not passed by the parliament.

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