News From MDA'S

Buhari yet to get petroleum bill – Presidency 

87

 

The Presidency has said the harmonised Petroleum Industry Governance Bill (PIGB) by the National Assembly on March 28, is yet to get to the desk of President Muhammadu Buhari for assent.

Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, in a two paragraph statement dated May 16th and made available to State House Correspondents, said his findings revealed that the Bill is still undergoing standard operating legislative processes of the National Assembly preparatory to transmission.

“Further to several enquiries by the media, interest groups, and the public in respect of within named Bill, may I please state that the said Bill has not yet been transmitted by the National Assembly to President.

“From my enquiries, the Bill is still undergoing standard operating legislative processes of the National Assembly preparatory to transmission, please.”

The senate committee on petroleum resources (upstream), Omotayo Alasoadura, has promised that the harmonised bill would be presented to Buhari on March 30.

The initial delay was thought to have been caused by the fact that March 30 coincided with Good Friday during which Buhari was in Lagos state for an official visit.

The Bill is expected to instill best global practice in the oil industry.

Leave a comment

Related Articles

Nigerian Sovereign Investment Authority invests $500m in infrastructure

The Nigeria Sovereign Investment Authority (NSIA) says it has invested over $500...

FG appoints management team for Nigeria Education Loans Fund

The Nigeria Education Loans Fund, an initiative of President Bola Tinubu took...

Subsidy removal: FG, 36 states, 779 LGs shared jumbo N10.14trn in 2023, says NEITI

The three tiers of government – Federal, state, and local governments –...

Tinubu Appoints FCT Civil Service Commission Chair, 10 Permanent Secretaries

President Bola Tinubu has approved the appointments of the Head of the...

Alleged N178bln debt: Reps dismiss petition against NPA, laud Bello-Koko, NPA 

A petition alleging that Mr. Bello Koko, the Managing Director of the...

$800m rehabilitation funds for Nigerian ports almost ready – FG

The Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, has said...

Presidential Villa, EFCC, FIRS, 83 other MDAs risk total blackout over N47.1bln electricity debt

The Abuja Electricity Distribution Plc (AEDC) has threatened to disconnect the electricity...

FG appoints CEOs, board chairpersons for NAFDAC, NCDC, PCN, others

In furtherance of his determination to bring world class standards to the...

FCTA Disburses N4.8bln to Six Area Councils, Other Stakeholders

The Federal Capital Territory Administration (FCTA) has disbursed N4.8 billion to the...

Salary arrears: FCTA approves N7bln for primary school teachers

The Federal Capital Territory Administration (FCTA) says it has approved N7 billion...

Kidnappings in FCT: Tinubu approves immediate purchase of digital tracking equipment

The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, says...

Trade facilitation: Lekki Deep Sea Port berths largest container vessel on Nigerian waters

In its determination and commitment to notch up trade facilitation, the Nigerian...

NCC halts plan to bar Glo subscribers from calling MTN lines

The Nigerian Communications Commission (NCC) has backtracked on its plan to bar...

FCT minister directs security agencies to rid Abuja of street light vandals

Amid rising insecurity in Nigeria’s seat of power, the Minister of the...

Tinubu announces Executive Director, Governing Council for Midstream and Downstream Gas Infrastructure Fund

President Bola Tinubu has appointed an Executive Director and a Governing Council...

Tinubu sacks FCCPC, BPE CEOs

President Bola Tinubu has dismissed the Executive Vice-Chairman/CEO of the Federal Competition...

Pres. Tinubu appoints Executive Directors for NPA, NIMASA

President Bola Tinubu has approved the appointments of new Executive Directors for...

Financial impropriety: Pres. Tinubu suspends Ms Halima Sheu, CEO of NSIA, barely three months in office

Barely three months in office, Ms Halima Shehu, the Chief Executive Officer...

FCTA to demolish 200 houses for presidential fleet

In a bid to pave way for the Presidential Fleet, the Federal...