The Nigerian oil industry will definitely adjust to new realities of global industry trend if the Petroleum Industry Bill (PIB) is passed into law, the Nigerian National Petroleum Corporation (NNPC) has said.
NNPC’s Group Managing Director (GMD) Malam Mele Kyari disclosed this on Monday in Abuja at the Valuechain magazine’s 3rd annual lecture and awards.
Kyari said the Nigerian oil industry is desperately in need of reform to make it more beneficial to the country.
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He assured that the reform in the industry will be concluded soon.
The NNPC GMD who insisted that the corporation is never afraid of any probe said 2019 audited report will also be out soon.
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