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The trouble with subsidies in pricing petroleum fuels

The trouble with subsidies in pricing petroleum fuels
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PIB: Reps, IOCs, captains of industry to meet Wednesday

PIB: Reps, IOCs, captains of industry to meet Wednesday
PIB: Reps, IOCs, captains of industry to meet Wednesday
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Members of House of Representatives, policymakers and stakeholders drawn from the oil and gas sector will, on Wednesday, converge at the National Assembly to make inputs into the Petroleum Industry Bill (PIB).
The public hearing was initiated by the Ad-hoc Committee on PIB chaired by Hon Mohammed Monguno.
Tribune Online gathered that both Senate and House had reached a compromise to hold separate public hearings on the bill, after the retreat held in Lagos last week.
Recall that the House had on Thursday, July 23, 2020, concluded debate on the general principle on PIB, which seeks to provide for legal, governance, a regulatory and fiscal framework for the Nigerian Petroleum Industry, the development of Host Communities and for related matters. ....

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