PIB: Don’t Induce Lawmakers, Saraki Tells Oil Firms

President of the Senate, Dr. Abubakar Bukola Saraki on Tuesday urged the International Oil Companies and Oil Producers Trade Section (IOC/OPTS) operating in the country not to induce lawmakers during the consideration and passage of the Fiscal and Host Communities Bills -components of the Petroleum Industry Bill – now before the National Assembly.

Saraki who stated this when the leadership of the IOC/OPTS visited him in Abuja, said the leadership of the 8th National Assembly has made it clear to all lawmakers involved in the process to live above board. 

He called on the leadership of the OIC/OPTS to report any lawmaker who seeks any personal favour when the process of passing the bills commences this month. 

Saraki said: “Let me also use these opportunity to just make some ground rules clear. We as the 8th National Assembly…

We are doing it in the interest of the country. Leadership is not going to tolerate any hanky-panky. No favours. No gifts. Nothing must be given to get this work done. 

“And we want to mandate you that if you see any of these you should be able to bring it to the attention of the leadership. All we want to see is a Bill that is in the interest of Nigeria and we have read the riot act to all our members that nobody should approach anybody for any interest towards any benefit and I want to make this very clear. 

“This is the position of leadership on this issue. We must ensure that everything is above board because this is not just a Bill for today, but for future generations. We must make sure that in our time it is done properly,” he stated. 

Saraki said that after the passage of the PIGB by the National Assembly which is now before now before the Presidency for assent, the process for the passage of the Fiscal and Host Communities Bills will soon commence – to pass a petroleum bill that will be a “win-win” for all stakeholders. 

Earlier, the leader of the delegation of the IOC/OPTS and Managing Director of Shell Nigeria Limited, Mr. Osagie Okunbo, said the visit was meant to assure the leadership of the National Assembly that the IOC/OPTS will make its memorandum on the Bills available to the relevant Committees of the National Assembly during the public hearing.

He said that it is important to ensure that the PIB that will be passed is one that will essentially promote investment.