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Senate hopeful of Petroleum bill passage

19 June 2015, 10:14

Abuja - President, Abubakar Bukola Saraki, has reiterated the commitment of the Eighth Senate towards the passage of the Petroleum Industry Bill (PIB).

He emphasized the need to adopt exhaustive dialogue as a way of breaking the impasse and take on issues on which consensus could be established as a means of getting the bill out of the legislative mill.

The Senate President stated this when he played host to the Managing Director, Shell Petroleum Development Company, (SPDC), Osagie Okunbor, and his team in his office.

Saraki said the Senate would continue to embrace dialogue to fast track the easy passage of the bill.

“We have to engage discussion and dialogue. We can break the jinx which can only be achieved devoid of politics. PIB is a priority in this Senate,” Saraki said.

He said politics and other controversial issues though very important, should be minimized in the process for now.

“We will break down the bulkiness of the bill and tackle all the grey areas.”

Also read: Senate Presidency divides APC

Saraki charged oil companies and other in the industry to do more in addressing such issues and promised that the senate will be looking at forging with the stakeholders a lasting solution that will deal with the problem.

“We will continue to come up with legislation that will make our country an investment destination and provide conducive environment for businesses to thrives,” Saraki added.

Okunbor congratulated the Senate President on his recent election and pledged support and cooperation to the National Assembly.

“The survival of petroleum industry will depend on the passage of PIB that addresses the concerns of all stakeholders,” said Okunbor.

- CAJ News

Tags pib nigeria

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