The Federal Government has said that the passage of the Petroleum Industry Bill, and Nigeria’s gas initiatives, will transform the nation into a gas-based industrialized country.
At the virtual event to mark the 25th anniversary of Sahara (Energy) Group, Professor Osinbajo noted that Petroleum Industry Act will create a better-managed petroleum industry with more value addition for both investors and Nigerians alike.
Prof. Osinbajo said, “the main goal of the passage of the Petroleum Industry Bill and the gas initiatives aforementioned is to transform Nigeria not only into a gas-based industrialized nation through enhanced accelerated gas revolution, but also to help create a better-managed petroleum industry where both the people of Nigeria and investors alike can extract value”.