The President of the Senate, AHMED LAWAN has promised that the National Assembly would pass the Petroleum Industry Bill (PIB) before the end of this month.

AHMED LAWAN who spoke during the opening session of the 2021 Nigeria International Petroleum Summit in Abuja, said both chambers of the National Assembly were currently concluding work on the bill.

The senate president said lawmakers wanted to be very fair in listening to everyone in order to adequately address the concerns of stakeholders pertaining to the bill.

On his part, the Speaker of the House of Representatives, FEMI GBAJABIAMILA, said the PIB as presently conceived, was not intended to drive anyone out of business.

FEMI GBAJABIAMILA noted that the National Assembly would uphold national interest while considering other competing interests so as to strike a very delicate balance in Nigeria’s oil and gas sector.