• PIB: Saraki directs Senate c’ttee to submit bill on host communities’ issues within 4 weeks

    PIB: Saraki directs Senate c’ttee to submit bill on host communities’ issues within 4 weeks

    Senate President, Bukola Saraki, yesterday, instructed the Senate Committee on Petroleum, Upstream, led by Senator Tayo Alaosoadura, to prepare and submit the Petroleum Industry Bill, PIB, which deals solely on the issues of host communities and fiscal considerations.

    The development came as the Senate passed the first batch of the PIB, sponsored by Senator Alaosoadura, who represents Ondo Central senatorial district.

    The first leg of the bill, tagged: Petroleum Industry Governance Bill, PIGB, 2016, which is in the second reading stage, only […]