Reps committee lays report on Petroleum Industry Bill

The House of Representatives Ad hoc Committee on the Petroleum Industry Bill has finally laid its report before the House.The Speaker of the House,had said the bill will be passed before the lawmakers embark on their summer holiday next month.

PREMIUM TIMES reported that the ad hoc committee had been meeting with relevant individuals and organisations in the sector to sort our grey areas of the bill. The International Oil Companies had raised some concerns on the bill at the public hearing in January. Also, the lawmakers from the northern part of the country met on Monday, with leaders from the region, on the bill.

At the meeting in Niger State, the Sultan of Sokoto, Sa’ad Abubakar, had harped on the need for the PIB to help in the finding of oil in the frontier states.Meanwhile, the House also passed the supplementary budget for section reading.

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