Buhari ignores Southern governors kick against 3% for host communities, signs PIB into law
President Muhammadu Buhari has signed the recently passed Petroleum Industry Bill (PIB) 2021 into law.
Spokesperson to the President, Femi Adesina, disclosed this in a statement on Monday. According to Mr Adesina, Mr Buhari assented to the Bill on Friday after he returned from his medical vacation in London.
“Working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday August 13, the President assented to the Bill Monday August 16, in his determination to fulfill his constitutional duty,” Mr Adesina said.
Both Chambers of the National Assembly had in July passed the PIB, however, the governors that make up the Southern Governors Forum and groups in Niger Delta, have kicked against the proposed sharing formula contained in Bill.
The host communities had demanded 10 per cent, however, the National Assembly instead allocated three per cent, a figure below the initial five per cent agreed to by the House of Representatives.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
30th Anniversary: Gov. Nwifuru hails Ebonyi leaders for laying solid foundation
Mr Nwifuru stated, “We are very united, calm and hardworking people.”
Heading 1
NiMet predicts three-day thunderstorms, moderate rains across Nigeria from Monday
The agency advised residents to stay away from tall trees to avoid injuries from falling branches or broken trees.
Lagos
I’m best candidate for Lagos in 2027, says Hamzat
Mr Ojelabi urged Nigerians to draw closer to God and have faith in Him.
Showbiz
Barry’s veto saves three housemates from eviction as BBNaija Season 11 names final 10
Barry’s decision came at a crucial stage of the competition.
States
Police intercept firearm during stop-and-search operation in Anambra
The police spokesperson identified the suspects as Joseph Ekwulugo, 33, and Somtochukwu Enyiobi, 29.
Heading 3
Tinubu doesn’t need to be physically present to work; he will return from vacation this week: Presidency
Mr Onanuga stated, “Nigeria’s President is hale and hearty. He has been on a working vacation, which he is perfectly entitled to.”
