Categories: AFRICAPolitics

Rowdy Session in Nigeria’s Parliament Over 3% For Oil Communities in Harmonised PIB

Nigeria’s parliament was thrown into a boisterous session following the passage of the conference report of the Petroleum Industry Bill (PIB).

The PIB report as passed by the National Assembly on Thursday pegged contributions to the host communities development trust fund at three per cent (3%) of the operating expenditure of oil companies in the region.

On July 1, while passing the PIB, the House of Representatives had pegged contributions to the host communities development trust fund at five per cent, and the Senate had pegged it’s at five per cent.

But tempers were heightened after some members of the House of Representatives protested the reduction in the approved percentage accruing to host communities after the conference committee of both the Senate and the House of Representatives harmonised the document.

A member of parliament, Chinyere Igwe from Nigeria’s southern Rivers state staged a protest on the floor of the House of Representatives chanting “the PIB report is a fraud”.

“It must be 5%,” he yelled before the arrival of the Speaker, Femi Gbajabiamila. The House is currently in an executive session.

The Senate committee of the whole also adopted the report despite protest from Seriake Dickson, a senator from the South-south.

While he had protested the recommendation, Senate President Ahmad Lawan put the report to a voice vote and it passed despite strong “nays.”

By Abel Ejikeme

Follow us on:

Abel Ejikeme

Recent Posts

Biden Calls ICC’s Arrest Warrants For Netanyahu, Gallant ‘Outrageous’

Biden has condemned ICC's arrest warrants for Netanyahu and Gallant, calling them "outrageous" amid global…

5 mins ago

Chukwuma Ezeala: Simon Ekpa’s Arrest Won’t Guarantee Peace In Southeast, Government Must Identify His Disciples

Chukwuma Ezeala has said that despite Simon Ekpa’s arrest, identifying his disciples in Southeast Nigeria…

7 mins ago

Federal Government Reinstates Ikechebelu as Acting Vice-Chancellor of UNIZIK

The federal government has reinstated Professor Joseph Ikechebelu as acting Vice-Chancellor of UNIZIK, nullifying Professor…

2 hours ago

Court Of Appeal Nullifies Judgment Blocking Voter Register Release For Rivers LG Polls

Court of Appeal has overturned the Federal High Court ruling barring INEC from releasing voter…

2 hours ago

Kenya Cancels Adani Contracts as US Prosecutors Charge Tycoon with Fraud

Kenya has cancelled airport and energy deals with Adani following US bribery and fraud charges…

3 hours ago

Brazil’s Former President Bolsonaro, 36 Others Indicted Over Alleged Coup Attempt In Brazil

Brazil’s former president Bolsonaro and 36 others have been indicted for allegedly attempting a coup…

3 hours ago