Tag: PIGB

House to begin work on constitution review, PIGB next year – Gbajabiamila

Emporium Reporters

The Speaker of the House of Representatives Rep Femi Gbajabiamila has assured that the House would commence work on the Petroleum Industry Governance Bill (PIGB) and the amendment of the 1999 Constitution next year. The Speaker said both the constitution review and the PIGB were part of the bills that the House would prioritise in 2020. He noted that the House would do everything within its powers to give Nigeria the best in terms of laws that would promote peace and good governance in the country. Gbajabiamila spoke at a…

EXCLUSIVE: Buhari rejects PIGB, says it whittles down his power

Emporium Reporters

President Muhammadu Buhari has rejected the historic Petroleum Industry Governance Bill (PIGB) as passed by the national assembly, TheCable Petrobarometer understands. The proposed law, which was conceived to liberalise the governance structure of Nigeria’s oil industry, is one of the four bills in which the omnibous Petroleum Industry Bill (PIB) was broken into by the legislature after over a decade of motion without movement. TheCable Petrobarometer learnt that Buhari has sent back the bill to the national assembly on three grounds. One, Buhari said the bill, if signed into law,…