Why we are amending Production Sharing Contract law ― Senate President
The President of the Senate, Ahmad Lawan on Monday justified the current move by the Senate to amend the law on Production Sharing Contract in the oil industry.
Lawan said “it has become absolutely necessary for us to do so as a country so that we can generate more revenues from our endowments.”
 
He spoke while declaring open a public hearing on the Deep Offshore and Inland Basin Production Sharing Contract 2004(amendment) Bill 2019 which is being sponsored by Senator Albert Bassey Akpan.
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