Senate to Consider Joint Committee Report on PIB Thursday

By Modupe Gbadeyanka

The much-awaited Petroleum Industry Bill (PIB) will be considered on Thursday, July 1, 2021, the Senate President, Mr Ahmad Lawan, has confirmed.

Mr Lawan made this disclosure on Tuesday when the joint committee instituted by the red chamber of the National Assembly to look into the bill submitted its report during the plenary.

The joint committee headed by Mr Sabo Mohammed includes the Senate Committee on Petroleum (Downstream); Petroleum (Upstream) and Gas Resources.

Mr Mohammed laid the joint committee report on PIB before his colleagues today and while speaking on it, the Senate President said, “Let me on behalf of all of us in the senate thank our joint committee for working so hard, selflessly and patriotically to produce the report of the Petroleum Industry Bill (PIB).”

“Every Senator must have a copy today and we will be considering the report on Thursday,” the Senate President declared.

“So, we have today, tomorrow until the beginning of Thursday to look at the report so that when we consider it. We will be doing so on the basis of what we have been able to read from this very important report,” he added.

The PIB is one of the most important bills as it has been in the parliament for about two decades. It is one bill that has generated huge reactions.