Politics
PIA: Buhari’s Aide Tasks Southern Govs, Lawmakers On Amendments
The Senior Special Adviser to the President on Niger Delta, Senator Ita Enang, has asked the Southern Governors Forum (SGF) and members of the National Assembly to take advantage of the proposed amendment to the Petroleum Industry Act (PIA) to change the Act on controversial issues of host communities development fund and the frontier basins exploration trust fund.
Mr Enang, a former senator, said members could propose amendments that could be consolidated with those proposed by President Muhammadu Buhari.
He stated this while appearing on “Politics Today” a programme on Channels TV.
Mr Buhari had written the National Assembly on Tuesday seeking an amendment to the PIA on the administrative part of the law.
The letter dated September 16 was read by the Senate President and the Speaker of the House of Representatives during plenary sessions on Tuesday.
The PIA, which was assented to by the president on August 16, was passed by the National Assembly under controversial circumstances in both chambers of the National Assembly in July.
The president seeks to increase the number of non-executive board members of the Nigerian Midstream and Downstream Regulatory Authority and the Nigerian Upstream Regulatory commission from two to six, to ensure representation of all geopolitical zones.
The Nigerian Governors Forum had in a communique after its 35th teleconference meeting in July expressed dissatisfaction with the ownership of the NNPC Limited and the issues of host communities and the frontier exploration trust fund.
The NGF recommended that given that the corporation is owned by the three tiers of government, the newly incorporated entity (NNPC Limited) should be owned by a vehicle that “holds th.e interest of the three tiers of government” – the institution that is currently positioned to carry out this mandate is the Nigeria Sovereign Investment Authority (NSIA).
The governors, in the communique, said they will address the issues using appropriate channels including the National Economic Council and the National Assembly.