Nigeria: Why the Pib Must Be Passed Now

31 January 2012

Hope that the controversial Petroleum Industry Bill (PIB) will become law soon was rekindled on January 19, when the Petroleum Minister, Mrs. Diezani Alison-Madueke, inaugurated a special task force to review the various versions of the bill submitted to the sixth National Assembly and produce a new one within 30 days for presentation to the National Assembly. Chika Amanze-Nwachuku writes that the task force can only meet this target, if those very fundamental issues raised by stakeholders were amicably resolved within the stipulated time

In a nationwide broadcast on January 16, President Goodluck Jonathan had pledged to give the PIB accelerated attention. The President had promised to re-present the bill to the National Assembly in the first quarter of 2012 and expressed optimism that, when re-introduced to the floors of the National Assembly, the PIB would be given speedy passage.

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