The 9th National Assembly will give priority to the passage of the Petroleum Industry Governance Bill (PIGB) in order to consolidate and reposition the oil and gas industry for the benefit of all Nigerians, Speaker, House of Representatives, Femi Gbajiabiamila, has said.
He made this commitment during a visit by the outgoing Group Managing Director of the NNPC, Dr. Maikanti Baru, to introduce the incoming GMD, Mr. Mele Kyari, to the Speaker.
According to a statement by the Corporation on Thursday, Gbajiabiamila pledged to get the National Assembly to work further on the bill to give it a speedy passage, while commending Dr. Baru for stabilizing the oil and gas industry during his tenure as Group Managing Director of the NNPC.
He affirmed the readiness of the 9th National Assembly to sustain the existing cordial relationship with NNPC saying, “as long as oil and gas remains the mainstay of the economy, we must get the industry right”.
On the incoming GMD, Mele Kyari, the Speaker described him as a highly respected industry professional whose reputation precedes his name. “I have no doubt based on what I have heard, that you will definitely make it,” Gbajiabiamila told Kyari.
Earlier, Dr. Baru, congratulated the Speaker on his election, noting that the NNPC, even after his tenure, would remain focused on delivering dividends of democracy to the Nigerian people and sustain constructive engagement with the National Assembly and other critical stakeholders.
The PIGB was passed by the 8th National Assembly but assent was denied the bill by President Muhammad Buhari. The 9th National Assembly now faces the task of passing the bill and seeking for presidential assent. Efforts to reform the Nigerian oil and gas sector has been on for over 16years.