National Assembly Will Pass PIB Before May 29 – Lawan

0
28
National Assembly Will Pass PIB Before May 29 - Lawan

Senate President Ahmed Lawan has promised that the Ninth Assembly will pass the Petroleum Industry Bill (PIB) and secure a presidential assent by May 29, 2021.

Lawan also said the national assembly will ensure passage of the bill by April for onward transmission for Presidential assent ahead of May 29.

Lawan said this in his remark at the opening ceremony of the Two day Public Hearing on the Petroleum Industry Bill (PIB) by the Senate joint committee on Petroleum upstream, downstream and gas.

READ ALSO: National Assembly Postpones Resumption Of Plenary For APC Membership Exercise

Lawan said the Ninth Assembly will be considering a hybrid PIB as against the solo bill that was introduced in 2008 and 2015.

The President of the Senate urged the Executive and other stakeholders to provide the National Assembly with the needed information and support for quick passage of the Bill, adding that the PIB would also provide for a competitive environment in the oil and gas sector.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

18 − thirteen =