SAN FRANCISCO, September 28, (THEWILL) – The National Assembly is currently meeting with the Nigerian National Petroleum Corporation (NNPC) over the Petroleum Industry Bill.
THEWILL gathered that the meeting is to discuss the essence and focus of the PIB sent to the National Assembly.
Senate President, Ahmed Lawan said President Buhari’s letter containing the PIB will be read on the floor of both chambers when the National Assembly resumes plenary session tomorrow. According to him, 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 bill as soon as possible.
On his part, Speaker, House of Representatives, Femi Gbajabiamila reiterated the commitment of the lawmakers in the passage of the bill, noting that they will not sacrifice thoroughness at the alter of speed. He also said the House has assembled a team of legislators to work on the PIB.
In attendance at the meeting is the Senate President, Speaker of the House of Representatives, the Minister of State for Petroleum, Timipre Sylva and the NNPC boss, Mele Kyari