“Nigeria’s annual revenue from oil and gas operations in the country is expected to shoot up to about $680 billion when the much-awaited Petroleum Industry Bill (PIB) is passed into law”. –Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, March 2, 2011.
“I think from the comments of President during his campaign, we still stand on the premise that the Petroleum Industry Bill would most likely be passed before the end of this administration.” Emmanuel Egbogah, Special adviser to the President on Petroleum Resources – May 2, 2011.
“I think we have been reassured repeatedly by the legislature that before the end of this administration, the PIB will in fact be passed into law.” – Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, May 4, 2011
“I am rushing home now by tomorrow (Tuesday) just because of the bill and I am positive that it will be passed before May 29,” Senator Lee Maeba, Chairman, Senate Committee, Upstream, who is also the Chairman of the Senate Joint Committee on PIB, May 4, 2011.
“I do believe that everything we need to do to achieve a more acceptable PIB has been done. And I am confidence that we will have a balanced PIB” Mr. Mutiu Sunmonu, Managing Director, SPDC – May 5, 2011
“It is an important legislature for us and we are very anxious about its passage. Given the assurances that we have had from several members of the National Assembly, we are optimistic that this bill which would reform the petroleum sector will be passed before May 29th” – Dr. Shamsuddeen Usman, Minister of National Planning, May 6, 2011
“I am ensuring that within the next 4-5 weeks, with the major assistance of the National Assembly of Nigeria, we shall in fact be promulgating it into law”- Minister of Petroleum Resources – Diezani, January 2015
“As we resume this last lap of the Seventh Senate, we shall endeavour to pass the lingering Petroleum Industry Bill. We are conscious of the concerns of various stakeholders (Nigerians and foreigners). It has taken long but we should do all we can to pass it” – Senate President David Mark – January 13, 2015