THE Federal Government has concluded plans to effect three new changes – a single regulator, the Nigerian National Petroleum Corporation, NNPC’s public offer, and deregulation of the price of gas supplied to power plants – in the nation’s Petroleum Industry Bill, PIB.
Investigation by Energy Vanguard, showed that the three changes have already been proposed by the Presidential Economic Advisory Council, PEAC, as part of measures targeted at making the PIB more effective and beneficial to the nation, and were being considered by the government.