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.