CISLAC charges FG on passage of PIB
The Civil Society legislative Advocacy Centre (CISLAC) has said that had the Petroleum Industry Governance and Institutional Framework Bill 2015, also known as the PIB, been signed into law the recent confusion that greeted the restructuring at the Nigeria National Petroleum Corporation (NNPC) would have been avoided.
In a statement at the weekend signed by its Executive Director, Auwal Ibrahim Musa (Rafsanjani), CISLAC urged government to expedite action on the passage of the bill.
It recalled that the Federal Executive Council in December 2015 approved a draft of the Bill with a commitment to send it to the National Assembly in the first quarter of 2016.
“We are also aware that the National Assembly has set up a Committee to work on a similar legislation with repeated promises form the NASS leadership to ensure quick passage and our feelers from engaging them is that the budget, understandably, demanded their full attention,” it said.
The group appreciated the attention devoted to the 2016 budget, as the fiscal plan remains one of the most important laws and economic to deliver good governance to the people.
It called on government to proritise the passage of the PIB since the 2016 budget has been given the nod by the National Assembly, adding, “The Minister for State Petroleum Resources, Dr. Ibe Kachikwu, said that Nigeria is losing $15 billion (N3 Trillion) annually due to non-passage of the Petroleum Industry Bill (PIB) into law.
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