Senate President Ahmad Lawan on Wednesday said the Senate will pass the Petroleum Industry Bill before the end of 2020.
Lawan spoke about the bill while inaugurating the 70 Standing Committees of the Senate at plenary in Abuja. He said: “As security is a fundamental responsibility of government, no amount of investment is too much.” Lawan explained that as standing committees are the engine rooms of the legislature so are the MDAs to the Executive.
It regretted that 60 per cent of foreign aids were usually lost to transaction costs, wastage and capital flight to the donor countries through the implementing contractors. The Senate advised State Planning Commissions and Houses of Assembly to domesticate and implement Federal policies and laws that would enable the states to achieve aids effectiveness.The Senate President described the issue of aids as an important item that would be part of the legislative agenda of the Ninth Senate.
“If we are not satisfied, then we have to come up with a legal framework that will ensure that if there is any aids to us as a country, our people benefit from the aids.”
Useless senators
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