PIB

House of Reps Pass PIB, Approve 3% for Host Communities

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The House of Representatives has adopted the report of the conference committee on the Petroleum Industrial Bill (PIB) which recommended 3 percent through a vote for the host communities in oil producing states. This however did not augur well with the Minority Members of the House as they staged a walk out.

Further speaking on the report of the conference committee, the Speaker of the House of Representatives, Femi Gbajabiamila stated that,

“I need to explain the rationale behind the laying of this report. Yesterday, I stepped down the laying of this report so that we get to the Senate and see how it will resolve the issue. But unfortunately, by the time we got to the Senate, they had already resolved and taken a decision. So, there was nothing that we can do.

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It is left for us to deliberate on the report, accept it or reject it. This PIB will not go the same way of others. It is unfortunate that our Colleagues are not here. If there is any amendment to be done, that will be done in the future,” he explained.

Following the absence of the PDP members, the Majority Leader, Hassan Dogwa moved a motion for the report to be laid.

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Ruth Omorodion

Ruth Omorodion is a News writer, Reporter, Blogger and Media Enthusiast

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[…] READ ALSO: House of Reps Pass PIB, Approve 3% for Host Communities […]