Petroleum Minister Asks Committee to Fastrack PIB Bill

Channels Television  
Updated January 20, 2012

The Minister of Petroleum, Mrs. Deziani Allison Madukwe has inaugurated an eight man panel to accelerate the passage of the law regulating the oil industry.

Allison Madueke

The panel comprising former lawmakers and a labour leader in the person Mr.Peter Esele,will work alongside a technical committee to review all versions of the bill and produce a draft bill within 30 days.

The committee has the mandate of working with the National Assembly to ensure the quick passage of the bill into law.

The bill which is yet to be passed into law by the National Assembly is seen as the most critical piece of aimed at transforming the Nigerian oil industry.

The Federal Government had in 2005 set up the Oil and Gas Industry Committee, which drafted the original PIB.

The Petroleum Minister said that although the members of the OGIC did a good job, but the bill lacked the requirements of the 6th Assembly and needed to be redefined for speedy and expedient passage by the 7th Assembly, that at the end of the 6th Assembly, there was more than one version going around and it is expected that the committee will put up all the indices in place to redefine the bill.

When asked what her decision will be on the call for the resignation of her appointment by journalists she responded saying that Nigeria is now under a democratic dispensation so she feels every Nigerian has a right to freedom of expression for and against individuals who put themselves up to occupy public offices so public office holders should be open to criticisms which can also help the government to develop.

The eight-man panel which was inaugurated on Thursday at the Federal Ministry of Petroleum Resources had Senators Udoma Udo Udoma as the chairman, Tunde Ogbeha and Lawan Shuaibu,Hon. Chibudom Nwuche, Abdullahi Gumel, Habeeb Fashiro and Mr. Peter Esele. The legal adviser of FMPR will serve as its secretary.