Yesterday i reported that today wednesday the Senate will begin the public hearing on the petroleum Industry Governance Bill {PIB},which passed second reading on tuesday November 1st,2016.So today Senator Saraki declared open the public hearing on the Petroleum Industry Bill,which is a step forward in creating a framework for petroleum industry.In the opening remark of the Senate president in which i will write in parts because is too long and marked 1-19, he said in 1.''The petroleum industry remains the mainstay of the Nigerian economy.Oil and gas have been,and will likely remain for the forseeable future,Nigeria's most important non-renewable energy source.The industry contributes over 90% of the country'dd foreign exchange earnings.3.It is unacceptable that till date,we still import over 90% of needed petroleum products {petrol and chemicals},we flare substantial gas produced,we h...