House of Rep passes Petroleum Industry Bill


Few hours to the end of their tenure, the House of Representatives passed the Petroleum Industry Bill on Thursday.
The bill was passed after three weeks of scrutiny following the consideration of the various clauses and agreement by members.

The bill seeks to establish a legal, fiscal and regulatory framework for the petroleum industry in Nigeria.
The deputy speaker of the House of Representatives, Emeka Ihedioha, described the bill as important despite the delay in its passage.

He also said that the house took its time to review the bill before passage.

However, the bill was not passed by the Senate before the end of its tenure.

In his closing speech, the president of the senate, David mark, listed the PIB as one of the bills the Senate could not pass before the end of its tenure.

Without the concurrence of the Senate, the bill will have to be reconsidered anew when the new National Assembly starts next week.


PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


TEXT AD: To advertise here . Call Willie +2347088095401...

NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.