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Wednesday, 16 May 2018

BREAKING: Buhari yet to get Petroleum Industry Bill –Presidency

BREAKING: Buhari yet to get Petroleum Industry Bill –Presidency

President Muhammadu Buhari

The Presidency on Wednesday said President Muhammadu Buhari has yet to receive a copy of the Petroleum Industry Governance Bill recently passed into law by the National Assembly.

The harmonised version of the bill was passed by the National Assembly on March 28.

There have been media reports indicating that the clean copy has been sent to Buhari for presidential assent.

But the Senior Special Assistant to the President on National Assembly Matters (Senate), Ita Enang, in a two-paragraph statement made available to journalists in Abuja on Wednesday said Buhari has yet to receive the bill.

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The statement, dated May 16, was titled “Re: Petroleum Industry Governance Bill.”

Enang said that his investigation revealed that the bill was still “undergoing standard legislative processes of the National Assembly,” preparatory to transmission.

The statement read, “Further to several enquiries by the media, interest groups, and the public in respect of within named bill, may I please state that the said bill has not yet been transmitted by the National Assembly to the President.

“From my enquiries, the bill is still undergoing standard operating legislative processes of the National Assembly preparatory to transmission, please.”

The chairman of the Senate Committee on Petroleum Resources (Upstream), Omotayo Alasoadura, had earlier been quoted as saying that the harmonised bill would be presented to Buhari on March 30.

The initial delay was thought to have been caused by the fact that March 30 was declared a public holiday to commemorate Good Friday.

The bill, when signed into law, is expected to instill best global practice in the nation’s oil industry.

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