Tuesday, April 16, 2024

PIB won’t be compromised, will be passed into law by April: Gbajabiamila

The speaker admitted that it was disappointing and difficult to explain how successive governments failed to deliver on the PIB.

• January 28, 2021
Femi Gbajabiamila
The Speaker of House of Reps, Femi Gbajabiamila (Photo Credit: @femigbaja)

The Speaker of the House of Representatives, Femi Gbajamibila, has said the National Assembly will pass the Petroleum Industry Bill (PIB) into law by April. 

Mr. Gbajamibila said, “More important, we intend to pass this bill by April. That is a commitment we have made. Some may call it a tall order but we will do it, and we will do it with every sense of responsibility without compromising the thoroughness of the work that will be done.” 

The speaker admitted that it was disappointing and difficult to explain how successive governments failed to deliver on the PIB. 

“Ladies and gentlemen, we have an opportunity and an obligation to do better, and we will,” he promised on Wednesday during a two-day public hearing organised by the ad hoc committee on PIB. 

“Regardless of whatever other interests may exist, for this ad hoc committee and indeed the House of Representatives, Nigeria’s best interest is both our desired outcome and guiding principle. It falls to this ad hoc committee to engage in a necessary balancing act in the interests of our beloved nation,” he added.    

He said signing the bill was an opportunity for the country to meet the obligations owed to the communities that host oil and gas exploration and transportation activities and pay a high environmental price as a consequence. 

Explaining further, Mr. Gbajabiamila stated, “Whether you believe in the finite or infiniteness of the product, the point that needs to be made is that we need to derive as much profit for the time when the product is still available. We need to derive as much profit to be able to diversify into other areas.” 

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

Katsina State

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.”

Shooting Star vs Eyimba (Credit: NPFL)

Sport

NPFL: Enyimba International beat Heartland FC 1-0 in Aba

The result lifted Enyimba into second position with 51 points, while Heartland remained in 19th position with 26 points after 30 matches.

OAU

States

FG suspends mining activities in OAU, environs indefinitely

The minister announced the suspension pending investigations into suspected illegal mining activities in OAU and its environs.

Aruna Quadri[ credit - Brila Fm]

Sport

Nigerian tennis star Aruna returns to top 20 in latest ITTF ranking

Also, Aruna started his campaign at the ITTF World Cups Macao 2024 on a good note.

Hon Olubunmi Tunji-Ojo (Chairman, House Committee for Niger Delta Development Commission)

Anti-Corruption

Corruption biggest threat to security in Nigeria, says interior minister

Interior Minister Olubunmi Tunji-Ojo says corrupt practices fuel insecurity in the country, calling for all hands to be on deck to fight the menace.

Chairman of BUA Group, Abdul Samad Rabiu

Education

ASR Africa begins construction of N250 million building for College of Health Sciences Usman Danfodiyo University

The project will include twenty (20) staff offices, the office of the Departmental Head, a Panel Room, staff convenience as well as storage spaces.

Prisoner

States

Carpenter sentenced to life in prison for defiling primary six pupil

Mr Oshodi said he was satisfied with the survivor’s testimony that the defendant had sexual intercourse with her.