Reps PIB hearing scatters as Host Communities insist on 10% equity
There was an uproar at the venue of the public hearing on the Petroleum Industry Bill, PIB, on Thursday afternoon as the Senate continued the public hearing on the bill.
The commotion was caused by the insistence of the representatives of the oil and gas host communities on 10 percent Equity Share Holding from oil companies.
The new PIB wants oil companies to pay host communities 2.5 percent of its profit. Host communities have since kicked against the provision of the bill, Peoples Gazette learnt.
The Gazette reported earlier that House Speaker Femi Gbajabiamila on Wednesday said the National Assembly will pass the new PIB into law come April 2021 despite complaints from Nigerians.
The Vanguard reports that fight broke out of Room 028 of the House of Representatives in the National Assembly on Thursday afternoon when the moderating Adhoc Chairman of PIB, Mohammed Monguno called host communities to make their presentation.
It is unclear to the Gazette what exactly led to the fight and which of the host community that started the fight, but newspapers report that other participants and lawmakers ran out of the venue for safety.
The Gazette is yet to confirm if the hearing continued after the trouble.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Port Harcourt
Burnt Rivers Assembly: Court sets aside arrest warrant against Fubara’s chief of staff
On January 31, the judge issued a warrant for the arrest of Mr Ehie over his alleged involvement in the burning of part of the Rivers’ House of Assembly.
Politics
Keyamo overreacting, should apologise, lift Dana’s flight suspension: ART
Aviation minister Festus Keyamo has been reprimanded for trying to usurp the authority of the NCAA.
NationWide
Merging Civil Defence with police will worsen Nigeria’s insecurity, FG warned
“It is obvious that persons seeking the merger are ignorant of the roles of NSCDC as a special purpose security vehicle,” a security expert said.
Africa
South Africa’s systemic corruption closely related to ex-President Jacob Zuma’s administration: Report
The report alleged that “high-level political interference has undermined the country’s National Prosecuting Authority from responding to corruption.
Africa
Police corruption big problem in Kenya; security force compromised under President Ruto: U.S. Govt
Not only did the government try to cover up police-related killings, but Kenyan authorities asked medical personnel to keep silent on deaths recorded from police brutality.
NationWide
No one should die of malaria in Africa: WHO
“No one should die from malaria in Africa; indeed, every single malaria death is a death too many because malaria is preventable and treatable,” said WHO.
