Deji Elumoye, Udora Orizu, Emmanuel Addeh and Peter Uzoho in Abuja
Vice President Yemi Osinbajo (SAN) yesterday assured Nigerians that President Muhammadu Buhari will not waste time before signing the Petroleum Industry Bill (PIB), which has just been passed by the National Assembly.
Osinbajo, while declaring open the 20th Nigeria Oil and Gas (NOG) Conference and Exhibition in Abuja described the passage of the legislation as a âfeat,â noting that he was not unmindful of the challenges faced by operators in the oil and gas sector.
Osinbajo, represented by the Minister of State for Petroleum Resources, Mr. Timipre Sylva, said the global lockdown triggered by the COVID-19 pandemic had pushed the industry into a state of major economic crisis and further amplified the global clamour for cleaner and more sustainable renewable energy.
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Leke Baiyewu, Abuja
The House of Representatives on Tuesday held a public hearing on the Treaties (Making Procedure) Bill 2020, which sought to review and amend the Treaties (Making Procedure, etc.,) Act of 1993 imposed by the military.
The bill seeks to repeal the Nigerian laws relating to treaties and agreements and re-enact them to be in line with democratic principles as contained in the 1999 Constitution (as amended).
When the bill becomes law, it will become compulsory for the Federal Government to seek the approval of the National Assembly and two-third of the state Houses of Assembly during negotiation and after signing international agreements and protocols as well as contractual agreements and borrowing terms with other countries or organisations.
Deduct water, electricity bills of MDAs from source, Reps tell AGF Deduct water, electricity bills of MDAs from source, Reps tell AGF
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The House of Representatives, on Tuesday, directed the office of the Accountant General of the Federation (AGF) to henceforth deduct water, electricity, and all other forms of utility bills (debts) owed companies and service providers by Ministries, Departments, and Agencies of government from the source.
The resolution was passed sequel to the adoption of a motion sponsored by Hon Kingsley Uju, who expressed grave concern over the huge debt accrued from non-payment of utilities provided to government agencies over the years.