News
NASS Assures NLNG Of Support
The Senate Committee on
Gas has assured the Nigerian Liquefied and Natural Gas (NLNG) that it will oppose any bill proposed to the National Assembly for the purpose of tampering with the core functions of the company, and the oil industry in particular.
The Chairman of the committee, Senator Bassey Albert, gave the assurance when the committee visited the plant in Bonny Island, Rivers State.
The Chief Executive Officer and Managing Director of NLNG, Tony Attah, had drawn the attention of the lawmakers to a proposed bill pending in the House of Representatives, seeking the disruption of the core functions of the gas company.
Meanwhile, some members of the committee, Senators Francis Alikhena (Edo North), Barnabas Gemade (Benue North East) and Rose Oko (Cross River North) raised concerns over the Petroleum Industry Bill (PIB), saying it will be prioritized, to enable the NLNG and other relevant agencies in the petroleum sector function to their full capacity, for the betterment of the country.
The senators promised that issues of multiple taxes, security, pipeline vandalism, among others, raised by the NLNG management will be taken care of through appropriate legislation.
They also promised to work with the Presidency to ensure that the enabling environment is put in place for the optimum functioning of the NLNG.
Why 2017 budget won’t be less than N6trn, Adeosun tells Senate the Minister of Finance, Mrs Kemi Adeosun, yesterday, told the Senate that the Federal Government would sustain its over N6trillion national budget in the 2017 appropriation bill, expected to be submitted by President Muhammadu Buhari, after the consideration and subsequent approval of the pending 2017—2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) by the National Assembly.
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