Why Buhari hasn’t received PIGB -Saraki
The Petroleum Industry Governance Bill (PIGB) passed by the National Assembly in March 2018 has not been transmitted to President Muhammadu Buhari because it is still undergoing administrative processes, Senate President Bukola Saraki said at the weekend.
Saraki spoke through the Vice Chairman, Senate Committee on Petroleum Upstream, Senator Gershom Bassey, at the 2018 Oil & Gas Public Lecture Series organized by the Institute of Oil and Gas Research & Hydrocarbon Studies in Abuja.
“What we know is that we have passed the PIGB in the Senate and in the House of Reps, the rest is administrative,” the senator when asked if the bill has been transmitted to the president.
“We have done our work and then it goes over to the civil servants. We finished our work in March,” the Senator replied to a question that sought him to define what he meant by ‘administrative’.
The Senate president, earlier in an address expressed confidence that three remaining aspects of the PIB would be passed before the 2019 election.
“We have finished first reading and gone through second reading. Now we are going to start public hearings on the three bills in two weeks’ time,” he said.
The public lecture which is the first organized by the institute drew participants from the public and private sectors.
The chairman of council of the institute, Prof Akin Akindoyeni, said the recently passed PIGB made provision for the decentralization and commercialization of the operations of the NNPC, adding, however that there were still loopholes in the bill.
Akindoyeni added that there was an urgent need to revisit the conditions of the country’s oil and gas exploitation.