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PIB Passes Second Reading At Senate
The Petroleum Industry Bill (PIB) 2020, yesterday, scaled second reading at the Senate after exhaustive debates by senators across party divide.
The bill was subsequently referred to the Senate Committee on Petroleum Downstream, Petroleum Upstream and Gas for further legislative action.
The committee was mandated to report back to the Senate after eight weeks.
The upper chamber also adjourned plenary for five weeks to give its committees full time for consideration of the N13.08trillion 2021 budget and interaction with ministries, departments and parastatals (MDAs)
Leading the debate on the PIB, the Senate Leader, Senator Yahaya Abdullahi, noted the objectives of the Petroleum Industry Bill.
His words: “The bill is to create efficient and effective governing institutions, with clear and separate roles and to establish a framework for the creation of a commercially oriented and profit-driven national petroleum company: To promote the exploration and exploitation of petroleum resources in Nigeria for the benefit of the Nigerian people and the efficient, effective and sustainable development of the petroleum industry; to promote the safe and efficient operation of the transportation and distribution infrastructure for the petroleum industry and the framework for developing third party access arrangements to petroleum infrastructure; and to promote the competitive and liberalized downstream petroleum industry that promotes the processing of petroleum within Nigeria and the development of fuel and chemical industry”.
According to the Senate leader, the PIB, when passed is also ”To create a conducive business environment for operations in the petroleum industry that enhances peaceful and harmonious co-existence between licensees or lessees and host communities by conferring direct social and economic benefits from petroleum operations on host communities; ensure that petroleum operations are conducted in a manner that protects the health and safety of persons, property and the environment; and establish a fiscal framework that is forward-looking, progressive and based on a simplified tax administration that encourages investment in the Nigerian petroleum industry, balancing rewards with risk and enhancing revenues to the Federal Government of Nigeria while ensuring a fair return to investors”.
He further stated that the bill was divided into five chapters each of which was further divided into different parts cutting across governance, institutions and administration of upstream, midstream and downstream services.
The leader explained that the chapter 3 of the bill deals with host communities development while Chapter 4 provides for Petroleum Industry Fiscal Framework just as chapter 5 covers Miscellaneous Provisions.
X-raying the principles of the bill, Senator Abdullahi Yahaya said, “the bill is designed and drafted-on the basis of three sets of principles which include establishment of good governance, competitiveness, global best practices and ease of doing business in the Nigeria oil and gas industry.
“Assurance of early revenues for government, simplicity of administration, equity and fairness, competitiveness and transparency.
“Predictability, responsiveness, best practice, sustainability and role clarity in the regulation and management of the industry”
The PIB according to him, proposes to transmute the current commercial entity, the Nigeria National Petroleum Corporation (NNPC) into an incorporated commercial company, the Nigeria National Petroleum Company Limited.
“It also will transform the current Department of Petroleum Resources (DPR), the Petroleum Equalization Fund Management Board (PEFMB) and the Petroleum Products Price Regulatory Agency into two new institutions, that is, the Commission and Authority.
“These new entities shall be self-funding and will not rely on appropriation. Therefore, no funding will be appropriated by the National Assembly for these entities under the Petroleum Industry Bill 2020”, he said.
The senators, in their contributions, seemed unanimous in their acceptance of the bill and the contents as many said the proposed legislation was long overdue.
The senators are of the opinion that the provisions of the bill will reinvigorate the Nigerian oil and gas sectors, create investments friendly environment, cater for the host communities and finally establish policies that will boost the nation’s economy.
In his remarks after the passage of the bill for second reading, the President of the Senate,Dr Ahmad Lawan, noted that the PIB has over stayed on the shelve, and thus time, the lawmakers must break the jinx and see that it is passed and accented to.
Lawan urged the three committees mandated to make more legislative inputs to be thorough in their work
“Distinguished colleagues, the PIB jinx must be broken by this 9th National Assembly for the required liberalization of the oil and gas sector.
“We should make the PIB as one of our legacies the way we did with the Petroleum Production Sharing Contract Bill last year “, he said.
It would be recalled that the Bill titled: “A Bill for an Act to provide legal, governance, regulatory, and fiscal framework for the Nigerian Petroleum Industry, the development of host communities and for related matters 2020” was sponsored by Senate Leader, Yahaya Abdullahi (Kebbi North).
By: Nneka Amaechi-Nnadi, Abuja
Nobel Laureate, Professor Wole Soyinka, has called on Nigerians to reject silence in the face of extrajudicial killings and other abuses of human rights.
Soyinka stressed that accountability and civic courage remain essential to rebuilding public confidence in the nation’s institutions.
He made the call during the 28th Wole Soyinka Lecture held in Port Harcourt, last Friday as part of activities marking his 92nd birthday.
The lecture, themed “Reclaiming the Nigerian State through Accountability, Justice and Civic Courage,” drew participants from different sectors of society.
The renowned playwright and human rights advocate said the country’s greatest tragedy was not only the unlawful killings carried out by state and non-state actors, but also the silence that often follows such incidents, allowing perpetrators to evade justice.
According to him, indifference by citizens to abuses of power and violations of fundamental human rights has contributed to the persistence of extrajudicial killings and other forms of injustice across the country.
Soyinka said he dedicated this year’s lecture to victims of unlawful killings, noting that the event was intended to honour individuals who had lost their lives as a result of failures within the justice system and society’s inability to protect the sanctity of human life.
He stressed that the lecture was dedicated to what he described as the basic unit of every society – the human being, and urged Nigerians to place greater value on human dignity irrespective of ethnicity, religion or social status.
The Nobel Laureate recalled several incidents of violence, including the fatal shooting and killing of a young man in Ugheli in Delta State by a police officer, and the mob killing of Deborah Yakubu in Sokoto State sometime ago, lamenting that many of those responsible are yet to face justice.
He expressed concern that some perpetrators of violent crimes had openly admitted their actions without fear of prosecution, describing such situations as evidence of serious failures within the nation’s justice system.
Soyinka maintained that when justice is delayed or denied, public confidence in state institutions continues to erode, thereby encouraging further violations of human rights.
Responding to critics who accuse him of promoting religious or ethnic divisions whenever he spoke on such issues, Soyinka dismissed the allegations and pointed out that his advocacy has always centred on the protection of human life and the rule of law.
He urged Nigerians to remain vigilant and continue demanding justice in cases of alleged extrajudicial killings, including the recent shooting of a young man by a police officer, stressing that every life deserves equal protection under the law.
The literary icon also recalled an earlier pledge by a past incoming president to make public the files relating to unresolved assassinations and extrajudicial killings, questioning the status of the promised investigations.
He challenged citizens to continue asking questions about unresolved cases, insisting that justice, accountability and respect for human dignity are indispensable to building a peaceful, democratic and inclusive Nigerian society.
The Federal Airports Authority of Nigeria (FAAN) has clarified that there was no fire at Terminal 2 of the Murtala Muhammed International Airport, Lagos, contrary to its earlier advisory.
Earlier yesterday, FAAN had announced that a fire incident had occurred at Terminal 2 of the nation’s busiest airport, and assured that its Aerodrome Rescue and Firefighting Service had been deployed to contain the situation.
There were also reports that activities were briefly disrupted at the airport yesterday after smoke was seen inside parts of the terminal.
Videos circulating online showed passengers kept standing outside the terminal while firefighters responded to the incident.
However, in an update issued less than two hours later by the Director of Public Affairs and Consumer Protection, Henry Agbebire, and posted on FAAN’s official X handle, the authority said preliminary findings showed that the smoke seen at the terminal was caused by the discharge of the facility’s FM-200 fire suppression system.
“Further to our earlier advisory regarding the incident at Terminal 2 of the Murtala Muhammed International Airport, Lagos, the Federal Airports Authority of Nigeria (FAAN) wishes to provide the following update,” the statement read.
“Preliminary findings indicate that there was no fire at the terminal. The smoke observed within the affected area resulted from the discharge of the terminal’s FM-200 fire suppression system. The reason for the activation of the fire suppression system is currently being investigated,” FAAN stated.
The authority said normal operations had resumed at the terminal while investigations were ongoing to determine the cause of the incident.
“Normal operations have since resumed at the terminal, while detailed investigations are ongoing to determine the exact cause of the incident,” the statement added.
The authority thanked passengers, airlines, airport users and other stakeholders for their understanding and cooperation.
FAAN appreciated the understanding and cooperation of passengers, airlines, airport users and all stakeholders, and reiterated its commitment to the safety and security of all airport operations.