Senate Passes Petroleum Industry Governance Bill
The Nigerian Senate has passed the long-awaited Petroleum Industry Governance Bill after a clause-by clause consideration of the report of its Joint Committees on Petroleum Upstream, Petroleum Downstream and Gas. Presenting the report on the Bill, at the Senate plenary of Thursday 25th May 2017, Chairman of the Joint Committees, Sen. Omotayo Alasoadura( APC: Ondo) […]
House Votes Against Giving Legislative Approval To Nnpc’s Budget
The House of Representatives at plenary on Thursday, 25th May 2017 rejected a Bill seeking to amend the Nigerian National Petroleum Corporation (NNPC) Act, 2004. The amendment sought to enable legislative approval of the Nigerian National Petroleum Corporation’s (NNPC) budgetary expenditure and enhance financial and fiscal Discipline in NNPC’s transactions– (HB 571). Leading the debate […]