Reps panel to intensify oversight of midstream petroleum sector, targets improved accountability

A committee in Nigeria is stepping up its scrutiny of the midstream petroleum sector to boost enforcement of the Petroleum Industry Act, encourage local gas usage, and enhance transparency and accountability. This move aims to address longstanding issues like oil theft and regulatory lapses, potentially leading to better energy security and economic benefits for the country. The initiative underscores the government's commitment to revamping the sector, which is crucial for Nigeria's economic stability and growth.