The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has become the latest body to kick against the proposed tax reform bills forwarded to the National Assembly by President Bola Ahmed Tinubu.
In its opposition, the union noted that the bills could stifle exploratory activities in the oil and gas sector.
The PENGASSAN President, Festus Osifo, who addressed members at the union’s National Executive Council (NEC) meeting on Tuesday in Abuja, warned that the Nigeria Upstream Regulatory Commission (NUPRC) and the Nigeria Mid and Downstream Petroleum Regulatory Authority (NMDPRA) would be negatively impacted if the bills sail through.
