The Presidency has said that the harmonized Petroleum Industry Governance Bill (PIGB) is yet to be brought to President Muhammadu Buhari for his assent.
In a terse statement, the Senior Special Assistant to the President on National Assembly Matters, Senator Ita Enang, said his findings show that the bill is still undergoing standard operating legislative processes of the National Assembly.
“Further to several enquiries by the media, interest groups and the public in respect of the within named Bill, May I please state that the said Bill has not yet been transmitted by the National Assembly to the President.
“From my enquiries, the Bill is still undergoing standard operating legislative processes of the National Assembly preparatory to transmission, please.”
It would be recalled that Chairman of the Senate committee on petroleum resources (upstream), Omotayo Alasoadura, had promised that the harmonized bill would be presented to the President for his assent on March 30.
The bill is aimed at instilling the best global practice in the oil industry.
