Nigeria: Experts Insist Buhari Should Sign PIGB Into Law

Abuja — Energy experts have said there is urgent need for President Muhammadu Buhari to sign the recently passed Petroleum Industry Governance Bill (PIGB) to prevent continued loss of $15b investment yearly.

Speaking in Abuja, yesterday, on the annual conference of Nigerian Association for Energy Economics (NAEE), slated for tomorrow, the association's President, Prof Wumi Iledare and his predecessor, Prof Adeola Adenikinju, declared that so much intellectual debate went into the making of the bill, which was passed by the Senate and House of Representatives. They maintained that signing the bill into law would rekindle investors' confidence in the oil and gas sector.

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