• Contact Us
  • About Us
Thursday, May 14, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Amidst Growing Criticism, SP Lawan Constitutes Conference Committee On PIB

metro by metro
July 6, 2021
in Energy
0
0
SHARES
0
VIEWS

Lawan

Amidst growing discontentment over some aspects of the passed Petroleum Industry Bill (PIB) by the National Assembly, President of the Senate, Ahmad Lawan, has announced the composition of the conference committee on the controversial Bill.

Read Also

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

The announcement was made on Tuesday at the start of plenary.

But some Nigerians, particularly, from the Southern region have continued to express their concerns, describing the bill as it relates to the proposed three percent of the oil to the host communities as well as the 30 percent share of the profit for the exploration of oil and gas in the basins as discriminatory and deceptive.

They also fault the redefinition of host communities, ownership structure of the new NNPC limited as devisive and skewed to favor a particular section of the country.

Femi Falama, human rights activist said even the five percent should be seen as the minimum.

Speaking on Channels Television, Politics Today on Monday, Falana said the recommended 3 percent is too small considering the associated degradation that the people have been suffering for long.

Another analyst who pleaded anonymity sees the action of the National Assembly as playing a script already written by some powerful Nigerians who want a particular section of the country to ‘grab as much as they can before the inevitable disintegration of the country begins.’

He sees the nineth Assembly living up to its acquired name of ‘rubber stamp’ of the executive.

Another analyst sees it as part of the necessary requirements, such as discontentment, government apathy, marginalization for the country’s smooth sailing to disintegration.

However, the defiant Lawan has gone ahead to appoint the members of the committee to include

Senate Leader Yahaya Abdullahi – Chairman; Senators Mohammed Sabo – North West; Albert Bassey Akpan – South South; Danjuma Goje – North East; Opeyemi Bamidele – South West; Stella Oduah – South East; Gabriel Suswam – North Central.

According to Ezrel Tabiowo

Special Assistant (Press)

to President of the Senate, the members were charged to meet with their counterparts in the House of Representatives to enable the National Assembly come up with a final document on the PIB for transmission to the Executive arm of government.

He said, “The conference committee will meet with our counterparts in the House, the House will also announce the composition of the conference committee, and we hope that they will swing into action immediately, so that we are able to have the final document of the PIB which we will transmit for the presidential assent.

“So, we expect our delegation here under the leadership of the Senate Leader to engage with our colleagues in the House of Representatives.”

—

Previous Post

Senegal: New Counterterror Laws Threaten Rights

Next Post

bird, Africa No Filter’s story agency, goes live

Related Posts

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants
Energy

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

May 14, 2026
Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?
Energy

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

May 7, 2026
Nigerians Thrown Into Darkness As National Grid Collapses For Seventh  Time In 2024 |
Energy

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

March 31, 2026
Tinubu Swears-In Ministers Amid Slow Growth, Insecurity, Low Morale, Among Other Concerns
Energy

As Elections Draw Closer, FG Sets New Date For Power Generation Improvement

March 27, 2026
Next Post

bird, Africa No Filter’s story agency, goes live

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

May 14, 2026
Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

May 14, 2026
President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

May 13, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version