CISLAC urges prioritisation, revisiting passage of PIGB
The Civil Society Legislative Advocacy Centre (CISLAC) has urged the National Assembly and the Executive to re-visit and prioritise passage of the Petroleum Industry Governance Bill (PIGB) into law.
CISLAC noted that the progress recorded so far in getting a law to regulate the oil and gas sector and deepen reforms proposed by this administration has been a result of the initiative, proactiveness, doggedness and resilience of the two chambers of NASS, which is quite commendable.
“The result is the successful passage of the PIGB. We however note that in spite of all the efforts that went into the Bill and the opportunities provided during the public hearing, the president has raised some observations, which made him withhold his assent.” CISLAC noted that the president has returned about 15 Bills to the NASS for review before assent.
Similarly, journalists drawn from print, broadcast and online media organisations have called on President Muhammadu Buhari to sign the Petroleum Industry Governance Bill (PIGB) into law to guarantee necessary reforms and wipe out obsolete laws in the oil and gas sector.
In a communique issued at the end of a media roundtable on Petroleum Industry Bills in Enugu, the participants agreed that non-assent to the PIGB by President Buhari has held down reforms in the sector and dissuaded foreign investments.
Participants at the event, which featured presentations by industry analysts and robust discussion, believed that Buhari’s decision to decline assent to PIGB represents a disheartening setback on efforts to actualise policy reforms in the oil and gas sector, a quest which was initiated about two decades ago.
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