By Levinus Nwabughiogu
Stakeholders and players in the oil and gas sector of the Nigerian economy Wednesday took turns to highlight the significant good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly.
The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year.
The stakeholders which included the Minister of State for Petroleum Resources, Chief Timipre Silva, the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari and the Chairman of the Federal Inland Revenue Service, FIRS, Mohammed Nami said that bill when promulgated into law would promote economic growth and bring about the needed vigour and transparency that would in turn engender productivity in the petroleum industry.
By Udora Orizu
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, on Wednesday assured Nigerians that the parliament will pass the long awaited Petroleum Industry Bill (PIB) into law in April this year.
The Speaker gave the assurance while delivering his remarks at the public hearing organized by the House Ad hoc Committee on PIB at the National Assembly Complex in Abuja.
He said despite the position of any vested interest, the parliament will ensure that it protects the interest of Nigeria and Nigerians in the Petroleum Industry Bill (PIB).
Gbajabiamila said though the PIB has been in the National Assembly for decades without much success, the 9th Assembly would ensure that it passes it into law by April.
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By Levinus Nwabughiogu-Abuja
Stakeholders and players in the oil and gas sector of the Nigerian economy yesterday took turns to highlight the significant-good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly.
The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year.
The stakeholders which included the Minister of State for Petroleum Resources, Chief Timipre Sylva, the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari and the Chairman of the Federal Inland Revenue Service, FIRS, Mohammed Nami said that bill when promulgated into law would promote economic growth and bring about the needed vigour and transparency that would, in turn, engende