The Federal Government has pledged to sign the Petroleum Industry Bill (PIB) into law once the bill is transmitted to the presidency.

President Muhammadu Buhari gave the pledge at the 40th anniversary of the National Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday in Abuja.

The theme of the anniversary is, “Nigeria Oil and Gas Workers; Yesterday, Today and Tomorrow,”.

Buhari, who was represented by the Minister of Labour and Employment, Sen. Chris Ngige, said the bill would address most of the challenges of the oil workers and the industry as a whole.

Buhari urged the workers to support his administration towards ensuring better welfare for workers.

He also commended the workers for the progress made, while urging them to dialogue instead of shutting down the country while in a dispute with their employers.

“(I am) a workers friendly president who is concerned about better working conditions for workers.

“(I) respect the rule of law and the law of the land. (I) promise to sign the Petroleum Industry Governance Bill once it is brought to (me),” he said.

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