Senate passes Petroleum Industry Bill, approves 3% for host communities

By AdvocateNews on 01/07/2021

Share on facebook Yahoo mail icon Gmail icon

Views: 905


The Senate on Thursday passed the Petroleum Industry Bill and approved 3 per cent for the host communities

The upper chamber passed the PIB, 2021 after the clause by clause consideration of the report of its joint committee on Petroleum (Upstream, Downstream and Gas) on PIB.

Although the Senate approved three per cent for the host communities despite protests from the South-South lawmakers, who advocated 5 per cent.

The Senate had before then, held a closed session with the Minister of State for Petroleum, Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari.

Senate President Ahmad Lawan congratulated the lawmakers and said the Ninth National Assembly has achieved one of its fundamental legislative agenda.

“The demons (of PIB) have been defeated in this Chamber. We have passed the bill,”  he said.

Posted 01/07/2021 10:20:45 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
30 burnt to death as bandits set bus...

Obiano accuses South East Governors of sponsoring violence...

China seizes over 89 million shoddy face masks...

Nigeria’s next President should be below 60, able...

Gunmen bomb Imo commissioner’s house

COVID-19: NCDC reports more deaths, 1024 new infections...

7,000 teachers beg Gov. Bello to pay 39...

Court remands two suspects for harbouring jail break...

Enugu police rescue Mikel Obi’s father from abductors...

2023: Tinubu elected APC Presidential candidate

INEC declares Yahaya Bello winner of Kogi governorship...

National Assembly won’t reconvene on Tuesday – Namdas...

 

Latest News EFCC arrests 12 bankers in Enugu over fraud Dangote workers shot as armed Kogi Vigilantes invade Obajana cement plant Nnamdi Kanu petitions Buhari to release him immediately Peter Obi: Igbo should be president — Falae BREAKING: Obi beats Tinubu, Atiku by 51% votes in new poll ahead 2023   Peter Obi: Arrest, prosecute Mahdi Shehu, Ohanaeze tells FG 2023: Obasanjo may support Peter Obi Edeoga: Can a pact breaker keep campaign promises? Over 13,000 APC members defect to PDP in Kaduna Umahi denies ordering police to teargas, attack Peter Obi’s supporters in Ebonyi 2023: North will vote massively for Peter Obi — Prophet El-Buba Senator Ubah: How I narrowly escaped assassins’ bullets

 

Most Read Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (520,629 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (520,628 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (520,628 views) ASUU strike: Senate intervention ends in deadlock (520,628 views) Sickle cell support group seeks government intervention (520,626 views) I’ve no Coronavirus, govt wants to kill me – Anambra Index case (520,626 views) FG sends new directive to banks, schools as Buhari extends lockdown by four weeks (520,626 views) Ebonyi bans embalming of corpses in homes (520,625 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (520,624 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (511,787 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (446,895 views) All you need to know about Peter Obi, PDP VP Candidate (444,810 views)

 

 

SECTIONS FAITH (159) EDITORIAL (25) NEWS (9,923) POLITICS (524) SOCIETY (135) SPORTS (67) BUSINESS (381) HEALTH (63) EDUCATION (53) ENTERTAINMENT (65) INTERNATIONAL (232) TECHNOLOGY (8) COLUMNISTS (57) LETTERS (4) OPINION (47)

 

 


There are no video entries posted yet.