Latest from the Commission
19th August 2021
19 August 2021 – The Federal Government embargoed implementation of the Petroleum Industry Act (PIA) till August 2022. President Muhammadu Buhari gave this hint when he inaugurated a steering committee to oversee the process yesterday. Unveiling members of the steering committee, President Buhari said it has a 12 months duration for the assignment, while he expects periodic updates to be given to him. While directing immediate implementation of the framework for the PIA, he urged relevant stakeholders to comply and reposition for full activation within 12 months.
