Baring last minute change in schedules,
the House of Representatives will begin the clause-by-clause consideration of
the report on the controversial Petroleum Industry Bill on Wednesday (today).
The Deputy Speaker of the House, Mr.
Emeka Ihedioha, announced this on Tuesday in Abuja (yesterday) during the
plenary.
Ihedioha presided over the session in
the absence of the Speaker, Mr. Aminu Tambuwal.
Ihedioha had earlier (last week)
directed that copies of the document should be circulated to all 360 lawmakers,
preparatory for the consideration in the Committee of the Whole.
“By now, I am sure copies of the report
have been circulated to all of us.
“I personally went to the Office of the
Chief Whip to get my own. Please, check the Chief Whip’s office to pick your
copies” Ihedioha stated, adding that the consideration would start today.
The report on the bill, which aim is to
reposition the petroleum industry for better output and economic reward, has
been long awaited.
The 23-member Ad hoc Committee on PIB
had produced its report on March 12, more than two years after Tambuwal
inaugurated it on November 15, 2012.
The committee was chaired by the Chief
Whip, Mr. Ishaka Bawa, a Peoples Democratic Party lawmaker from Taraba State.
However, the House delayed the
consideration and possible passage of the bill, as lawmakers abandoned it to
focus on the 2015 general polls.
The report, among others, recommended
that the President should be stripped of his discretionary power to grant
petroleum licences and leases to operators in the country’s oil and gas
industry.
In making the recommendation for the
removal of the President’s power, as contained in Section 191 of the original
bill, the committee recommended competitive bidding for such awards to “avoid
the practice whereby the power for the award of oil blocks was discretionary.”
Similarly, the committee recommended
the removal of the Minister of Petroleum Resources as the chairman of the
National Oil Company, proposed to assume the duties of the Nigerian National
Petroleum Corporation and other key industry agencies.
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