The Senate on Thursday passed the Petroleum Industry Bill and approved 3 per cent for the host communities
The upper chamber passed the PIB, 2021 after the clause by clause consideration of the report of its joint committee on Petroleum (Upstream, Downstream and Gas) on PIB.
Although the Senate approved three per cent for the host communities despite protests from the South-South lawmakers, who advocated 5 per cent.
The Senate had before then, held a closed session with the Minister of State for Petroleum, Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari.
Senate President Ahmad Lawan congratulated the lawmakers and said the Ninth National Assembly has achieved one of its fundamental legislative agenda.
“The demons (of PIB) have been defeated in this Chamber. We have passed the bill,” he said.
Details later…
THE Osun State chapter of the All Progressives Congress, APC, has said it would adopt…
THE All Progressives Congress (APC) has appointed Uba Sani, Governor of Kaduna State, as Chairman…
News Update APPOINTMENT OF ACTING RECTOR FOR RUFUS GIWA POLYTECHNIC, OWO The Governor of Ondo…
THE Economic and Financial Crimes Commission, EFCC, has cautioned individuals and content creators against the…
Some filling stations across Nigeria have reduced the pump price of petrol as they compete…
No fewer than 400 men, women, youths and students in Ayedire State Constituency of…