The need for the quick passage of the Petroleum Industry Bill (PIB) was brought to the fore again last week when stakeholders in the oil and gas industry gathered to discuss the impact of plummeting crude oil prices on the economy.
Specifically, the stakeholders believe that quick passage of the industry will assist in eliminating investors fear about return on investment and encourage private ownership of refineries, which would help the country deal with the current situation in the crude oil market.
Read more @ Guardian
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