Featured Politics News

National Assembly promises speedy consideration of PIB

The National Assembly has promised to hasten work on the Petroleum Industry Bill (PIB) resent last week by President Muhammadu Buhari.

The clarification followed insinuations that the piece of legislation was to be abandoned until next year for consideration of the 2021 budget presented yesterday by the Nigerian leader.

Senate spokesperson, Ajibola Basiru, said his legislative chamber could not have felt less interested considering the importance of the bill to the realisation of a vibrant oil sector premised on transparency and competitiveness.

“On October 20, the bill will enter second reading after which it will be sent to the relevant committee of the Senate,” he clarified.

Basiru said work would go on simultaneously on the budget and the PIB.

Senate President Ahmad Lawan corroborated the image-maker before adjourning plenary yesterday.

According to him, the early debate is to avert any delay that might arise from the decision any time to suspend plenary for one month to enable ministries, departments, and agencies (MDAs) to defend their votes.

Also, House of Representatives spokesman, Benjamin Kalu, restated that deliberation on the proposed legislation commences next week.

Addressing reporters in Abuja, he stated: “There has been news flying around that we are suspending deliberation on the PIB till the first quarter of next year. That is not the position of the legislative arm. We want to look at it.”

The Abia lawmaker said the Green Chamber would dedicate Tuesdays and Wednesdays to the 2021 appropriation bill.

Related posts

Eid-el-Kabir: Cleric urges Muslims to embrace moderation in celebration

By Meletus EZE

Joe-Ezigbo: Nigeria requires 200GW electricity to industrialise

Our Reporter

Court again orders IBEDC to restore electricity to Ijesa land

Editor

Dollar buoyant after upbeat data, hits nine-month high vs. yen

Editor

Curtailing access to forex proceeds will limit exporter’s contributions to economy – FACAN

Shile GIWA

Arik Air recalls dismissed pilots

Our Reporter