NASS meets NNPC over Petroleum Industry Bill

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By Joseph Bamigboye

The National Assembly on Monday met with the Nigerian National Petroleum Corporation (NNPC) over the Petroleum Industry Bill (PIB).

The Senate President, Ahmad Lawan and the Speaker of the House of Representatives, Femi Gbajabiamila on Monday met with NNPC officials over the Petroleum Industry Bill in Abuja.

The meeting is to discuss the essence and focus of the PIB sent to the National Assembly.

According to Lawan said President Muhammadu Buhari’s letter containing the PIB will be read on the floor of both chambers when the National Assembly resumes plenary session tomorrow.

He also said that the National Assembly wants to see an oil industry that will be regulated, beneficial to Nigerians and attract investment.

The Senate President also gave the assurance that the National Assembly will pass the PIB as soon as possible.

On his part, Gbajabiamila reiterated the lawmakers’ commitment in the passage of the bill, noting that they will not sacrifice thoroughness at the altar of speed.

He also said the House has assembled a team of legislators who are knowledgeable about the industry to work on the PIB.

In attendance at the meeting is the Senate President, Ahmad Lawan, the Speaker of the House of Representatives, Femi Gbajabiamila, the Minister of State for Petroleum, Timipre Sylva and the NNPC boss, Mele Kyari.