Breaking: Buhari Signs Petroleum Industry Bill

President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. The President assented to the Bill on Monday, a State House statement said.

With the Presidential assent, the Petroleum Industry now has a legal, governance, regulatory and fiscal framework. The State House statement issued by Special Adviser to the President on Media, Mr. Femi Adesina, said President Buhari, working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday, signed the bill in his determination to fulfill his constitutional duty.

The statement said the ceremonial part of the new legislation will be done on Wednesday, after the days of mandatory isolation would have been fulfilled. The Senate had passed the Bill on July 15, while the House of Representatives did same on July 16, bringing to an end a long wait since early 2000s.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After A Long Wait, Buhari Signs Controversial Petroleum Industry Bill Into Law | Sahara ReportersThe Petroleum Industry Act provides a legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry, the development of host communities, and related matters. The watered down Petroleum Bill... 3% no b juju b dat 😂 season film about to start o HMMMMMMH
Source: SaharaReporters - 🏆 9. / 63 Read more »

BREAKING: Buhari signs Petroleum Industry Bill into law - Punch NewspapersThe most widely read newspaper in Nigeria Let some EFULEFUS from the south still keep deceiving themselves! It is all clear now! Alright now punch you people has a duty to bring to fore the content of this new PIB for people that are not abreast with it .
Source: MobilePunch - 🏆 8. / 63 Read more »

BREAKING: Buhari signs Petroleum Industry Bill into law - Punch NewspapersThe most widely read newspaper in Nigeria Let some EFULEFUS from the south still keep deceiving themselves! It is all clear now! Alright now punch you people has a duty to bring to fore the content of this new PIB for people that are not abreast with it .
Source: MobilePunch - 🏆 8. / 63 Read more »