Economic Reforms - NESG Seeks Passage of PIB

This Day
14 June 2011

Economic Reforms - NESG Seeks Passage of PIB

The Nigeria Economic Summit Group (NESG) has said that the delay in the passage of the Petroleum Industry Bill (PIB) into law may hinder some of the economic reforms that have been outlined by the President Goodluck Jonathan's administration.

Director-General, NESG, Mr. Frank Nweke (Jnr), predicted this in a interview with THISDAY at the sideline of a forum organised by the Centre for Corporate Governance in Lagos.

He also expressed concern that the non passage of the bill by the immediate past National Assembly members will not afford Nigeria the opportunity to determine the actual value it generates from the petroleum sector