In our last post, we reported that the passage of the PIB seemed to be nowhere in sight due to internal power play between the National Assembly and the Executive. Well, the Guardian yesterday reported that the Presidency will present three harmonized bills from the PIB to the National Assembly before their resumption from recess.
According to the Minister of State for Petroleum Resources Dr. Ibe Kachikwu, the three Bills are in the final editing stages and will be sent to the Federal Executive Council and other stakeholders for their input. Dr. Kachikwu reiterated the willingness of the Executive and legislature to pass the PIB noting that the three Bills were drafted in consideration of the issues raised by stakeholders.
The National Assembly should resume from recess by 12th of September 2016 and we hope that the Presidency makes good on its promise.