Breaking News
Translate

No PIB, no further investments in oil, gas — GMD NNPC

Kindly Share This Story:

No PIB, no further investments in oil & gas — GMD NNPC

By Tordue Salem – Abuja

The Group Managing Director, Nigeria National Petroleum Corporation, NNPC, Mr Mele Katrina, has warned that without the passage into law of the Petroleum Industry Bill, 2020, there would not be further foreign investments in the oil and gas industry.

The GMD boss gave the warning on Thursday at a 2021 budget defence session before the Joint Committee on Petroleum Upstream, Petroleum Downstream, and Gas Resources.

“Without the passage of PIB, no one will invest in this country(Oil and Gas Industry), again”, he said.

Vanguard News Nigeria

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!