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Gbajabiamila Assures PIB, Electoral Act Passage In Two Weeks …As Senate Debates PIB Report, ’Morrow
Baring any change of plans, the long-awaited Petroleum Industry Bill (PIB) will be passed into law in two weeks’ time.
The Speaker of the House of Representatives, Hon Femi Gbajabiamila made the disclosure during the lower chamber’s plenary, yesterday.
He also reiterated the commitment of the House of Representatives to pass the Electoral Act Amendment Bill as well as the Supplementary Budget into law.
Gbajabiamila, who read a letter from President Muhammadu Buhari, seeking parliamentary approval of the 2021 Supplementary Appropriation Bill of N895.8billion, disclosed at plenary, yesterday.
He encouraged the House to work together within the time frame to ensure the passage of the three pieces of legislation.
He said, “I will be meeting with the Ad-Hoc Committee on PIB, today by 3 pm to tidy up some things. We need to pass these pieces of legislation before we go on the annual break. Two weeks is a very short time. We must do it all. These are landmark legislations, including the supplementary budget.”
Meanwhile, the Senate will, today, consider the 2021 Supplementary Budget of N895.8billion.
The President of the Senate, Dr Ahmad Lawan, said this in his remarks on a Point of Order raised by the Chairman, Senate Committee on Appropriations, Sen. Jibrin Barau, during plenary, yesterday.
Barau had raised Point of Order 43 of the Senate Standing Rules, seeking for more time to submit the report on “A Supplementary Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N895, 842, 465, 917.
“We were given the mandate to submit the report today (Tuesday).
“I want to inform this distinguished Senate that we have started work on the bill. We discovered that we needed more time because we feel we must meet the minimum standard set out by the rules of this Senate in processing the bill.’’
According to him, the time we expect we will be able to do this is this week, and then get our report submitted next Tuesday.
“I appeal to this distinguished Senate to permit us to submit our report on Tuesday next week.’’
President of the Senate while interjecting said, “chairman, you will not have more than today.
“This is a very straightforward Supplementary Budget request. So, it doesn’t need two weeks working on it. And you remember, we have a line-up of so many important bills to consider in this Senate.
“So, you have today. You lay tomorrow, we receive tomorrow, please. Because I am sure you had the entire weekend from Wednesday, almost six days. That should be enough. These are just two sectors.
“It is not a complicated thing. So, you don’t need up to Tuesday next week. So, you submit tomorrow (Wednesday) please,’’ Lawan said.
It would be recalled that a Supplementary Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation, the total sum of N895, 842, 465, 917 on June 23, scaled second reading in the Senate.
President Muhammadu Buhari had sent a request for supplementary budget to the upper chamber in a bid to help fight insecurity and purchase vaccines in tackling the Covid-19 pandemic.
Similarly, the Senate will, tomorrow, debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill.
The Senate President, Dr Ahmad Lawan, disclosed this, yesterday, after the chairman of the panel, Senator Mohammed Sabo (Jigawa South West) submitted the committees’ report.
Lawan said, “We will be considering the report on Thursday. We have today, tomorrow and Thursday to look at the report so that when we consider the report, we will be doing so on the basis of what we have been able to read from this very important report.”
The Senate President urged the Joint Committee to provide lawmakers with copies of the bill ahead of its consideration to enable them study its content.
“Let me use the opportunity to thank our Joint Committee for working so hard, selflessly and patriotically to produce the report on the Petroleum Industry Bill.
“This report, a copy each, must be made available to each and every senator today, this afternoon.
“I don’t know how the committee would arrange it, but every senator must have a copy today.
“And we would be considering the report on Thursday.
“So, we have today, tomorrow until the beginning of Thursday to look at the report so that when we consider it, we will be doing so on the basis of what we have been able to read from this very important report,” Lawan said.
The bill seeks to establish a framework for the creation of commercially-oriented and profit-driven petroleum entities, to ensure value addition and internationalisation of the petroleum industry, through the creation of efficient and effective governing institutions with clear and separate roles for the petroleum industry.
The bill is the first in a series of long awaited petroleum industry laws designed to reform the Nigerian oil and gas industry.
The PIB, an omnibus law meant to regulate the entire sphere of the industry and repeal all current existing oil and gas legislation, had struggled to see the light of day ins spite of its introduction to the National Assembly over 16 years ago.
Subsequently, the National Assembly decided to break the PIB into a number of different pieces of legislation guiding specific aspects of the industry.
Senate also at plenary considered for first reading, five bills.
The bills are, Recovery of Premises Act 1995 repeal and re-enactment Bill 2021, sponsored by Sen.Odey Stephen (PDP Cross -River); Federal University of Technology Akwa Ibom Establishment Bill, 2021 by Sen. Akpan Bassey (PDP Akwa Ibom); Federal University of Technology Jigawa Establishment Bill, 2021 by Sen.Mohammed Sabo (APC-Jigawa).
Others are, Mortage Institutions and Allied Matters Act Amendment Bill, 2021 by Sen.Ibikunle Amosu (APC-Ogun); and National Research and Innovation Council Establishment Bill, 2021 by Sen.Ibezim Chukwuma (APC-Imo).
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Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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Fubara Restates Commitment To Peace, Development …Commissions 10.7km Egbeda–Omerelu Road
Rivers State Governor, Sir Siminalayi Fubara, has declared that his administration will ensure the delivery of developmental projects and the prevalence of peace in all parts of Rivers State.
The Governor emphasized that the achievement of these lofty ideals can only occur through the unwavering contributions of all Rivers stakeholders.
Speaking during the commissioning of the 10.7-kilometre Egbeda–Omerelu Road constructed by his administration, the governor said Rivers State can only move forward when its people choose unity over division.
He assured Rivers people that development projects would reach every part of the State but cautioned that progress cannot thrive where conflict persists.
Reflecting on the project, Governor Fubara recalled that the road was a promise he made during the inauguration of the first phase about a year ago.
“We made a promise that we were going to do this project, and today I am happy that the government has fulfilled that promise made to Emohua people, Egbeda community and Omerelu people,” he said.
He noted that the essence of governance is service to the people, adding that responding to their needs is a core responsibility of any administration.
“We decided to do this because you know where we are coming from, and if we don’t tell our story, many won’t know what we are doing. Even in the face of tribulations, we have remained focused on delivering the dividends of democracy. We will continue to serve our people with respect and honour,” he affirmed.
Governor Fubara also reiterated his support for President Bola Ahmed Tinubu, pledging to back all groups working towards securing the President’s victory in 2027.
Giving technical details of the project, the Permanent Secretary of the Ministry of Works, Dr. Austin Ezekiel-Hart, explained that the contract was awarded on October 27, 2024, to Messrs Johnson Roadworks Limited.
He said the road links communities in Emohua and Ikwerre LGAs and shortens travel time for motorists commuting from Ahoada East, Ahoada West and Omoku through Egbeda to Owerri in Imo State.
He added that the infrastructure features a 12-metre clearing width and an 8-metre asphalt surface, comprising a 50mm binder course and a 40mm wearing course. It is complemented by 24 kilometres of drainage channels with a 1.05m² cross-sectional capacity to ensure durability and efficient water flow.
In his remarks, the Chairman of Emohua Local Government Area, Dr. Chidi Lloyd, described the road as a crucial link for surrounding communities, significantly easing movement for residents.
He praised the governor for demonstrating continuity and consolidation and prayed for God’s strength to enable him to achieve even more for the people.
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Oil & Gas: Rivers Remains The Best Investment Destination – Fubara
Governor Siminalayi Fubara says Rivers State remains the best investment destination for investors in the oil and gas sector.
Governor Fubara stated that since the economic development of Rivers State is closely connected to the growth of the oil and gas industry, his administration has continued to collaborate with the Federal Government and host communities to protect natural assets in the sector.
The Governor stated this during the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation Oil and Gas Roundtable in Port Harcourt.
Represented by the Secretary to the State Government, Dr. Benibo Anabraba, he pointed out that since the economy of Nigeria relies substantially on the oil and gas sector, his administration will continue to collaborate with relevant stakeholders to ramp up production.
“The Nigerian oil and gas sector is the lifeblood of our nation’s economy, contributing over 90% of Federal Government’s foreign exchange earnings. Similarly, Rivers State, home to numerous national and multinational oil and gas companies, is the centre of Nigeria’s hydrocarbon industry, with the State’s oil and gas resources generating over 40% of the country’s revenue.
“?Considering this, the survival and economic development of Rivers State are closely connected to the growth of the oil and gas industry. That is why, since the beginning of this administration, we have focused on safeguarding the national oil and gas assets in collaboration with the Federal Government, security agencies, communities and other stakeholders, and we will maintain this commitment for as long as it is necessary.
“Furthermore, we have established and maintained a conducive, peaceful, and secure environment for companies to open and flourish in the State as part of a strategic plan to stimulate our economy, generate jobs, and enhance the well-being of our citizens.
“We therefore recognise and applaud the vital role that indigenous companies are currently playing in bridging gaps and advancing the development of Nigeria’s oil and gas industry,” he stressed.?
Governor Fubara affirmed that Nigerian-funded companies can only succeed and make meaningful contributions to the nation’s economic prosperity when challenges that limit the nation are effectively tackled, and expressed his administration’s stand to support indigenous organisations such as the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation.
Declaring the roundtable open, the Governor assured the Nigerian-Owned companies in the oil and gas sector, that “we are ready and willing to respond positively to any administrative, policy, or legislative recommendations within our jurisdiction as a subnational State.”
The Founder of the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation, Mr Emeka ugwu-Ozu, disclosed that the summit, held only in an oil and gas producing place, is a forum for all in the industry to brainstorm and suggest best practices for local players.
“This roundtable discussion takes place in only oil and gas producing states, and it is intentional. And that is to make sure that sooner, it becomes like what we say is the equivalent of Houston in the United States of America.
“I would say that from what I have seen so far, Rivers State is back and open, safe and good for business. The oil and gas players should come and see what we have seen,” he said.
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