Tag: PIGB
-
Analysis: Can Methuselah PIB survive 9th Assembly?
…after recording failures in 3 Assemblies The Petroleum Industry Bill, otherwise known as PIB has spent 19years in circulation in Nigeria without any meaningful development. It was a piece of cheering news when Speaker Femi Gbajabiamila announced to Nigerians on Tuesday that the oldest Bill in the corridor of the Nigerian legislature will be passed…
-
PIGB most politicised bill in National Assembly – Akpatason
Deputy Majority Leader, House of Representatives, Peter Akpatason has stated that the Petroleum Industry Governance Bill, PIGB is the most politicised bill in the National Assembly. PIGB was passed by the 8th National Assembly but President Muhammadu Buhari declined assent to the bill citing anomalies, particularly the reduction of Powers of the Minister of Petroleum…
-
Senate passes PIGB bill, six others rejected by Buhari
…Begins override of Buhari on Fourth Alteration Bill No. 28 The Senate on Wednesday passed seven bills vetoed by President Muhammadu Buhari. This is coming as the upper chamber initiated the override of the president on the Fourth Alteration Bill No.28. The Senate said that the bills were reconsidered and passed in line with legislative…
-
NASS to mount pressure for presidential assent of PIGB, says Saraki
President of the Senate, Bukola Saraki says the National Assembly will continue to mount necessary pressure to get presidential assent on the Petroleum Industry Governance Bill (PIGB). Saraki spoke at a dinner as part of activities at the ongoing 24th Nigerian Economic Summit in Abuja on Monday. The dinner which ended late in the night,…
-
Why Buhari withheld assent to PIGB – Presidency
President Muhammadu Buhari withheld assent to the harmonised Petroleum Industry Governance Bill (PIGB) for constitutional and legal reasons, the presidential aide on National Assembly Matters, Ita Enang, said. On June 8, the Senate sent to the president for final assent into law the harmonised draft Bill earlier approved by the House of Representatives in January…
-
Presidency explains why Buhari withheld assent to PIGB
The Presidency has explained why President Muhammadu Buhari withheld assent on the Petroleum Industry Governance Bill. The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen. Ita Enang, made the fact known to State House correspondents in Abuja on Wednesday. He maintained that none of the reasons for the president withholding his…
-
PIGB panacea for investment in oil, gas sector – Expert
An energy expert, Mr Bank-Anthony Okoroafor, says the passage of the Petroleum Industry Governance Bill (PIGB) into law will facilitate massive investment in the oil and gas sector in Nigeria. Okoroafor in an Interview with News Agency of Nigeria in Abuja on Wednesday noted that the law would guarantee trust for investors. The National Assembly…
-
BREAKING: Saraki happy as senate passes Petroleum Industry Governance Bill
Senate President, Bukola Saraki on Thursday expressed his delight after the law making body has passed the Petroleum Industry Governance Bill [PIGB]. The PIGB is the first part of the Petroleum Industry Bill, which the National Assembly has failed to pass since 2008. SP @bukolasaraki says this is a Bill #PIGB that has been here…