NASS pledges speedy passage of PIB for rapid economic development | Ripples Nigeria
Connect with us

News

NASS pledges speedy passage of PIB for rapid economic development

Published

on

2020 budget to be passed on November 28

The Joint committees of the two chambers of the National Assembly (NASS) on the Petroleum Industry Bill (PIB), have assured of a speedy passage of the bill.

The joint committee made the assurance during a visit they made to the Kaduna Refining and Petrochemical Company (KRPC) on Monday, February 22, in Kaduna.

During the tour, the Chairman of the Senate Committee on PIB, Sen. Sabo Nakudu, said the lawmakers were aware of its conditions and other refineries in Nigeria and are working tirelessly on the passage of the PIB.

Nakudu said, “Our role as members of the National Assembly is to support the executive to make sure whatever they want to achieve is being given the required legislative support.

“We don’t have the executive powers to revamp the refineries. Year in and out, every chief executive or minister that comes on board always says they will make the refineries work, but here we are still battling their deplorable state.”

Nakudu, however, said they at the national assembly could do nothing because they were not requested to give any legislative backing or approval to affect the normal working conditions of the refineries.

“The situation of our refineries is terrible, I don’t know if the managing director can explain but I cannot see any light at the end of the tunnel.

“Be that as it may, our reason for being here is that we want to pass the PIB bill, therefore we came to look into the state of our refineries, to collaborate, seek your opinions and views on what legislative inputs you want”.

Read also: Lawyers’ group urges NASS to organize public debate for PIB

“As a committee, we are ready and hoping that by the time we pass the bill, the refineries will come back to life”, Nakudu also said.

Also, the Co-Chairman of the PIB Joint Committee at the House of Representatives, Mr Muhammad Mongono, said the PIB passage had been postponed and adjourned for soo many times.

“This time around, there is a commitment on the part of NASS to make sure the bill is passed, this is borne out of the fact that amendments of our laws concerning oil and gas industries are long overdue,” Mongono said.

He noted that for Nigeria to remain relevant and competitive within the oil industry and for the fact which the world is moving away from fuel to renewable energy, it became an issue of great concern to accelerate the quick passage of the bill.

Earlier in his opening remarks, the Managing Director of KRPC, Mr Ezekiel Osarolube, however, said the nation’s refineries being currently on rehabilitation, initial activities and planning were still going on in the right direction.

Osarolube said the visit by the NASS joint committee on PIB would serve as a morale booster to the members of staff of KRPC who in spite of the numerous challenges sustained operations of the plant up till 2017 when they had a major plant failure.

Join the conversation

Opinions

Investigations

Sports

Latest Tech News