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PIB’ll Be Passed Before End Of May, Senate Assures

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The Senate has assured that the controversial Petroleum Industry Bill (PIB) 2020 will be passed before the end of this month.

Lawan had assured that as Nigeria begins a new year, 2021, the controversial Petroleum Industry Bill 2020(SB) 510 will be passed by end of the first quarter of the year.

Speaking, yesterday, shortly after a closed-door session with the security chiefs, President of the Senate, Dr Ahmad Lawan, said that before that date, “We expect that our committees will still be working particularly the Joint Committee working on the Petroleum Industry Bill (PIB).

“We expect that the joint committee will be presenting its report to the Senate as soon as we resume. It is still our desire and determination to pass the PIB before the end of May.”

It would be recalled that the PIB scaled second reading October, 2020, and after debate on the its  general principles, the bill was referred to the Committees on Petroleum Upstream, Downstream, and Gas for reports in eight weeks.

Pending since 2007, the PIB which is an executive bill seeks, among others, to promote the competitive and liberalised downstream sector of the petroleum industry as well as the development of fuel and chemical industries.

Also recall that the president of the Senate, who had said that the Ninth National Assembly would make the passage of PIB part of its legacies, also assured that the National Assembly would pass the bill in good time without compromising proper scrutiny

The new PIB is said to be important, especially as it aims at the restructuring as well as transparency and accountability in the oil and gas industry.

Specifically, Section 54(1, 2 and3 ) states among others that, “the Minister (of Petroleum) and the Minister of Finance shall determine the assets, interests, and liabilities of NNPC to be transferred to NNPC Limited or its subsidiaries and upon the identification, the minister shall cause such assets, interests, and liabilities to be transferred to NNPC Limited.

“Assets, interests, and liabilities of NNPC not transferred to NNPC Limited or its subsidiary under subsection 1 of this section shall remain the assets, interests, and liabilities of NNPC until they become extinguished or transferred to the government.”

The president of the Senate also, yesterday, disclosed that the Electoral Act Amendment Bill will be ready before Summer Recess in June this year.

On the Electoral Act Amendment Bill, he noted that the Senate Committee on Independent National Electoral Commission (INEC) would still have to do some little work, and expressed hope that the National Assembly would pass the amendment to the Bill before the Summer Recess which is in June.

Lawan said, “Other committees particularly again, our committee on Constitution Review headed by Deputy Senate President has designed zonal interactions with our constituents, Nigerians.

“We also expect that they will be able to complete their work as soon as possible for the Senate and House of Representatives to vote on the issues and of course send our report to the 36 State Houses of Assembly.

“I am sure that during our recess, between now and May 18, we will still be doing one form of legislative intervention or the other, either as individuals or may be as groups because ours is a full time job, and the parliament and parliamentarians are always the first point of call when there is distress.

“Nigerians will always remember National Assembly members as soon as something happens. We will continue to be available to our constituents. We should continue to be alive to our responsibilities and we should continue to do our best.”

The President of the Senate has also announced that the Senate has adjourned for the Sallah break and to resume on May 18.

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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