The NASS has a duty to pass a bill that would address the injustice and sleaze in the oil and gas industry in Nigeria. The Petroleum Industry Bill (‘PIB’ or ‘the Bill’) was passed by the National Assembly on Thursday, July 1, 2021. The PIB either repeals or amends at least 10 different legislations applicable to the Petroleum Industry. This contrasts with the 10 percent demanded by the host communities in the original PIB. For instance, the definition of host communities is contentious; as “host communities” are no more restricted to the oil-producing areas alone but includes communities where pipelines pass through.

Source: The Guardian July 18, 2021 04:18 UTC