ABUJA (Reuters) – The latest draft of the Nigerian Petroleum Industry Bill (PIB) put together by a task force set up by President Goodluck Jonathan will be submitted to parliament in June, Jonathan said in a speech on state television on Tuesday.
The PIB has gone through several drafts in recent years but lawmakers, the government and foreign oil companies couldn’t meet on a compromise. Jonathan set up a task force in January to fast track a consolidated version.