Reps step down passage of PIB amidst protest by southern lawmakers

The House of Representatives have stepped down the passage of the controversial Petroleum Industry Bill amidst protest by southern lawmakers Peoples Gazette can report.
This happened after an hour-long closed session on Thursday, during which southern lawmakers objected to the proposal to allocate paltry three per cent of equity share to oil bearing host communities.
The lawmakers were yelling five per cent instead of the proposed three per cent, Channels TV reported.
The is expected to resume when the House reconvenes from recess.
Meanwhile, the Lawan-led Senate has passed the Petroleum Industry Bill, despite opposition from some senators.
Two southern senators from the oil-producing southern states, George Sekibo and Seriake Dickson criticised the senate’s approval.
Senator Sekibo stated that he did not concede to the voting on the allocation provision, whereas Senator Dickson stated that his privilege had been violated because his views were not taken into account.
The percentage of total operating expenses (OPEX) that oil firms are supposed to contribute to a trust fund established for host communities is in dispute.
However, Senate President Ahmad Lawan shut down their motions saying that the Senate had taken a resolution on the matter and could not go back on its decision.
The host community allocation was one of the clauses left in consideration after the National Assembly passed the PIB earlier this month.
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.”

Economy
APM decries Gov Okpebholo’s fuel remarks amid economic hardship
Mr Okpebholo urged Nigerians not to complain, saying fuel is cheaper than the average N3,000 per litre in the United Kingdom.

Health
Rabies Eradication: Council decries limited funds, workforce
VCN identified limited funds, inadequate collaboration, dearth of workforce, and inadequate facilities and vaccines as major impediments to rabies eradication in the country.

Abuja
Court hears Atiku’s motion seeking to amend suit against Tinubu, APC
The Federal High Court, Abuja Division, on Monday fixed October 13 to hear an application by Atiku Abubakar seeking to amend his suit against President Bola Tinubu and the APC.

Economy
Vice-President Shettima’s delegation drives public-private dialogue at Flutterwave’s UNGA 2026 Roundtable
The roundtable brought together government, business, and investment leaders to advance infrastructure, capital, and partnerships for Africa’s next decade of growth.

Economy
ALGON hails Gov Otu’s gas, oil training for youths for blue economy
ALGON has described the state government’s training of 2,000 youths in oil and gas skills as a “masterstroke” to invest in the state’s blue economy.






