The Senate on Thursday passed a part of the Petroleum Industry Bill (PIB). One of the highlights of the bill was scrapping the Nigerian National Petroleum Corporation (NNPC) and the merging of the Department of Petroleum Resources (DPR), Petroleum Products Pricing, Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF) into one agency. The bill … Continue reading Senate scraps NNPC in new PIB bill