Abuja - The Senate Committees on Petroleum Downstream, Upstream, Gas, Judiciary and Legal Matters on Wednesday concluded the public hearing on the Petroleum Industry Bill (PIB).
The committees on the final day received submissions from various industry stakeholders and representatives of various oil and gas producing communities in the Niger Delta, reports ThisDay.
Most of those who spoke were against certain provisions in the Bill.
They were, particularly, against what they said was the excessive powers placed in the hands of the petroleum resources minister.
Dr. Alfred Bubor, chairman of the Oil and Gas Producing Host Communities, warned against the proposed granting of excessive powers to the petroleum resources minister, saying this will not be in the best interest of the industry and the nation.
He warned that if that section is not amended, the PIB might turn out to be a Personal Industry Bill for upcoming petroleum ministers.
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