The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist anymore, the Federal Government said on Monday. It also said while workers of the three agencies would be protected, their
President Muhammadu Buhari has sent the Petroleum Industry Bill (PIB) which is believed would reform the oil and gas sector to the National Assembly for consideration. According to The Punch, the bill proposes the scrapping of the National Petroleum Corporation (NNPC) and the Petroleum Products Pricing Regulatory Agency (PPPRA). In place of the NNPC, the bill […]







