PIA 2021 Attracts $16 Billion Investments, Spurs Oil Output Growth – Deputy Speaker
The Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, has revealed that the Petroleum Industry Act (PIA) 2021 has attracted over $16 billion in investments into Nigeria’s oil and gas sector and significantly boosted crude oil production. Speaking during a stakeholder engagement in Abuja on Saturday, July 13, 2025, Kalu said the PIA