Nigeria Inches Close To Making PIGBill Federal Law
The suffering recorded by millions of Nigerians during the yuletide is still fresh on their minds.
This may have spurred the House of Representatives to become more pro-active and act the work without further delays.
Nigeria's lower federal legislative chamber has passed the same version of the legislation approved by the Senate in 2017.
This marks the first time both houses (Senate and Reps) have approved the same version of the bill that has been hovering on legislative corridors for over 10 years.
The primary aim of the bill is to increase transparency and stimulate growth in the country’s oil industry.
This transparency would include: a permanent end to artificial shortages recorded annually in December and allegations of theft within the sector.
A member of the House, Alhassan Ado-Doguwa, gives some insight into the process.
"The PIGB, as passed yesterday, is the same as passed by the Senate. We have harmonised everything and formed the National Assembly Joint Committee on PIB", he said.
"Every consideration of the bills is now under the joint committee. We have broken the jinx after 17 years. We are working on the other accompanying bills."
Doguwa is the chairman of the lower house’s Ad-hoc Committee on the Petroleum Industry Bill (PIB) as well as of the National Assembly Joint Committee on PIB.
Shell, Chevron, Total, ExxonMobil and Italy’s Eni are major producers in Nigeria through joint ventures with the state oil firm NNPC.
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