Breaking: Buhari Writes Senate, Seeks Amendments to Petroleum Industry Act

Breaking: Buhari Writes Senate, Seeks Amendments to Petroleum Industry Act

  • President Buhari has written a letter to the leadership of the Senate over the Petroleum Industry Act (PIA) 2021
  • The Nigerian leader in a letter read by the Senate president, Ahmad Lawan, asked the upper legislative chamber to amend three areas of the Act
  • Buhari is seeking the senators’ approval to increase the numbers of the non-executive board members from two to six

Abuja - A month after signing the Petroleum Industry Bill into law, President Muhammadu Buhari has written to the Senate, requesting an amendment to the Petroleum Industry Act.

The Punch reports that the Nigerian leader made the request in a letter read by the Senate president, Ahmad Lawan, during plenary on Tuesday, September 21.

President Buhari
President Muhammadu Buhari is requesting an Amendment to the Petroleum Industry Act. Photo credit: Femi Adesina
Source: Facebook

President Buhari in the letter dated September 16, asked the upper chamber to amend three certain provisions of the controversial Act.

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The Nigerian leader, according to Channels TV, explained that his proposal became necessary following the need to review the administrative structure of two regulatory agencies.

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Buhari is seeking the approval of the federal lawmakers to increase the numbers of the non-executive board members of each agency from two to six, in order to ensure that each region has a representation.

Buhari finally signs Petroleum Industry Bill into law

Recall that President Buhari on Monday, August 16, signed the Petroleum Industry Bill 2021 into law.

Presidential spokesman Femi Adesina in a statement Legit.ng sighted on his official Facebook page said the president assented to the bill in his determination to fulfil his constitutional duty.

He explained that President Buhari attended to the bill as he continues to work from home, observing the five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday, August 13.

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Buhari okays committee to implement Petroleum Industry Act

In a related development, Buhari inaugurated the committee to implement the Petroleum Industry Act (PIA) during the weekly Federal Executive Council (FEC) meeting held in Abuja on Wednesday, August 18.

The committee, led by the minister of state for petroleum resources, Timipre Sylva, has a year to implement the act.

The president called all relevant Ministries Department and Agencies (MDAs) to cooperate with Sylva for the successful execution of the task.

Source: Legit.ng

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