A Review of the Nigerian Energy Industry

Nigeria’s presidency disowns fake PIB

16 July 2012, Sweetcrude, Abuja – The Nigerian presidency has disowned what it describes as a fake Petroleum Industry Bill, PIB, purportedly in circulation and published on some websites.

In a statement released signed by Dr. Reuben Abati, the presidency noted its concern and dismay at the publication of the document.

“Before the country is assailed once again with talk about the promulgation of this very important national law being hindered yet again by the existence of multiple versions, the Presidency wishes to categorically disown the document currently being circulated and published as the new Petroleum Industry Bill.

“Following the consideration and approval of its contents by the Federal Executive Council at its meeting last week, the authentic new Petroleum Industry Bill is still being finalized by relevant government departments and readied to be forwarded to the National Assembly by President Goodluck Jonathan.

“Upon its delivery to the National Assembly under the official Seal of the President, the authentic new Petroleum Industry Bill will be available to all interested parties.

“The general public and all stakeholders in Nigeria’s oil and gas industry are therefore advised to ignore the document currently in circulation as it is totally fake and lacking in authenticity.”

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  • We believe it will help if this all important law is made public very soon by the petroleum ministry to limit the resort to speculation.

  • The urgent need of the petroleum industry bill to be pass to law

  • Great job SweetCrude reporters for your daily update.More grease to your elbows.