News
Senate Passes Petroleum Industry Bill, Approves 3% For Host Communities
[ad_1]
The Senate on Thursday passed the Petroleum Industry Bill (PIB) into law 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.
However, the Senate approved three per cent for the host communities despite protests from the South-South lawmakers, who advocated 5 per cent.
Also Read: PIB: Mele Kyari To Brief Senate On Thursday
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.
[ad_2]
-
Music7 days ago
Olarisky ft. Eazimiaqii Rasta – Aza (Remix)
-
Music5 days ago
Vibez Inc ft. Seyi Vibez, Odumodublvck & Tml Vibez – On God
-
Music6 days ago
Logicxxx – Kakku
-
Music6 days ago
Vibez Inc ft. Nerryckole & Seyi Vibez – Shine
-
Music4 days ago
Seyi Vibez ft. Tml Vibez, Muyeez, Billion Solar & Nerryckole – 247
-
Music3 days ago
Lyta – Sabi Boy
-
Music3 days ago
Richie Rich ft. KC – Real Big
-
Music3 days ago
JayO ft. Crayon & Bella Shmurda – Reset