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We’re determined to pass Petroleum Industry Bill in six months – Speaker Gbajabiamila

Speaker Gbajabiamila has disclosed that the House of Reps would ensure that it passes the PIB within the next six months.



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House of Representative Speaker, Femi Gbajabiamila has disclosed that the House would ensure that it passes the Petroleum Industry Bill within the next six months or probably less.

Gbajabiamila made the statement during a meeting with the delegation of the Oil Producers Trade Section (OPTS) under the Lagos State Chamber of Commerce and Industry (LCCI).

READ: Subsidy and PIB

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He said the House is determined to pass the bill within the next six months, or probably less because the clock has already started running from the time it was presented. He assured the delegation that the House would ensure that it passes a PIB that would be satisfactory to all.

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The Speaker urged members of the OPTS led by their Chairman, Mr Mike Sangster, to avail themselves of the opportunity they have at hand to reach out to the House Adhoc Committee on PIB to make their inputs.

He expressed concern over the submission by Mr. Sangster that the PIB in its present form, would not make the Nigerian oil and gas industry competitive globally.

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What they are saying

Speaking at the meeting to the delegates, Speaker Femi Gbajabiamila said: “The House is determined to pass the bill within the next six months, or probably less, because the clock has already started running from the time it was presented the PIB.

“The House is also determined to pass a PIB that is satisfactory to all. I know it’s difficult to satisfy everybody, but we will try our best to satisfy everybody. . . The PIB has been long coming. Because of the various interests, it is difficult to pass a bill that addresses the interests of everyone.

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Jaiz bank

“But the PIB luckily will involve local content. . . .I’m very concerned about what you said that the PIB as it is, doesn’t allow Nigeria to compete favourably in the global market.”

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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Buhari suspends NPA MD, Hadiza Usman, approves investigative probe panel

President Buhari has approved the immediate suspension of the MD of the Nigerian Ports Authority, Hadiza Usman.



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President Muhammadu Buhari has approved the immediate suspension of the Managing Director of the Nigerian Ports Authority (NPA), Hadiza Usman.

The suspension of Usman is to allow the panel of inquiry which is to be set up by the Federal Ministry of Transportation, to investigate the management of the agency to effectively carry out the task.

This disclosure is contained in a statement issued by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, through some tweet posts on his official Twitter handle on Thursday, May 6, 2021.

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Shehu pointed out that the suspension follows the approval of the recommendation of the Federal Ministry of Transportation by President Muhammadu Buhari.

The statement from Garba Shehu reads, “President Muhammadu Buhari had approved the recommendation of the Ministry of Transportation under Rt. Hon. Rotimi Amaechi for the setting up of an Administrative Panel of Inquiry to investigate the Management of the Nigerian Ports Authority (NPA).

The President also approved that the Managing Director, Hadiza Bala Usman, step aside while the investigation is carried out. Mr Mohammed Koko will act in that position.

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The panel is to be headed by the Director, Maritime Services of the Ministry while the Deputy Director, Legal of the same ministry will serve as Secretary. Other members of the panel will be appointed by the Minister.”

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NIN registration: 54 million Nigerians have now enrolled – Buhari

12 million Nigerians were enrolled into the National Identity Database in the past 6 months.



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President Muhammadu Buhari disclosed that the FG has enrolled 54 million Nigerians into the National Identity Database, citing that 12 million were enrolled in the past 6 months alone and that the final aim of the scheme is to secure Nigeria’s security infrastructure.

President Buhari disclosed this in a statement on Thursday evening.

What the President said about NIN enrollment

“I am pleased with the success we are recording in the enrollment of persons into the National Identification Number (NIN) database. 54 million Nigerians have now enrolled; I am told over 12 million of these within the last six months. Our goal is total coverage.

The National Identification Number (NIN) is the foundational digital ID for the country. It will cover one of the weaknesses in our security structure. We will be able to easily identify all Nigerians, including the crooks in our midst.”

The President added that both legal residents and Nigerians are expected to obtain the NIN as it would be beneficial to government agencies to utilise resources efficiently.

In case you missed it

The Federal Government announced a further extension of the ongoing National Identification Number (NIN) registration and linkage with Subscriber Identity Module (SIM) exercises to a new deadline of June 30, 2021.

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