Bukola Saraki on Tuesday urged the International Oil
Companies and Oil Producers Trade Section not to
induce lawmakers during consideration of PIB
- Saraki made it clear to all lawmakers involved in the
process to live above board
- He also called on the leadership of the OIC/OPTS to
report any lawmaker who seeks any personal favour
when the process of passing the bills
President of the Senate, Dr Abubakar Bukola
Saraki on Tuesday, May 8, urged the
International Oil Companies and Oil Producers
Trade Section (IOC/OPTS) operating in the
country not to induce lawmakers during the
consideration of other sections of the Petroleum
Industry Bill.
The fiscal and host communities bills, a
components of the Petroleum Industry Bill is
currently before the national assembly for
consideration and passage.
Saraki who stated this when the leadership of the
IOC/OPTS visited him in Abuja.
According to a statement by his chief press
secretary, Sanni Onogu, in Abuja, he said that
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 of May.
"Let me also use these opportunity to just make some
ground rules clear. We as the 8th national assembly - I told
you at the beginning that the two houses will be on the
same position on the remaining Bills. I think we have
shown that on the first bill we passed.
Bukola Saraki @bukolasaraki 20h
Replying to @bukolasaraki
The National Assembly leadership
has made it clear to everyone
involved that the passage of the
#PIB Fiscal and Host Community
Bills must be a transparent process.
We are not going to tolerate any
hanky-panky. pic.twitter.com/
lPQ2FLPNXV
Bukola Saraki
@bukolasaraki
We must ensure that everything is above board
because the Host Community Bill and the Fiscal
Responsibility Bills are laws that will impact the lives
of many generations of Nigerians. Therefore, we must
make sure that it is done properly in our time.
pic.twitter.com/FEX1zbvg8B
7:29 PM - May 8, 2018
57 48 people are talking about this
"I am confident that for these other bills too, we will do the
same. I want to assure you that it is in our own interest and
the leadership has made it clear to all the members
involved that this must be a transparent process.
"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.
He said: "This is where we are now and this is where it
concerns those of you who are operators to see that we can
pass a petroleum bill that is a win win for all.
"A petroleum bill that will be a win for Nigeria on the
revenue side, investment side and jobs creation; and it is
also a win for those who are investing in Nigeria. Because
we appreciate that it is a very competitive world out there
and we must make Nigeria competitive.
"The only way we can do that is through engagement. We
cannot do it by just passing a bill and just putting it at your
doorstep, because we are not the ones that will do the
investment. So, it has to be a bill that we all believe is in the
interest of all those who are involved," he said.
It would be recalled that the national assembly
commenced the process of passing the fiscal and
host communities components of the petroleum
industry bill after the passage of the Petroleum
Industry Governance Bill (PIGB) now before the
president for assent.
Earlier, the leader of the delegation of the IOC/
OPTS and managing director of Shell Nigeria
Limited, Mr Osagie Okunbo, said the visit is
essentially 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.
"Our primary concern is that at the end of the day, we both
lay the years of uncertainty to rest, but even more
importantly, that a bill that is passed eventually is one that
we can all be proud of and the one that we can say will
encourage investments in all parts of the oil industry, "
Okunbo stated.
had reported that Senate President
Bukola Saraki, affirmed that the passage of the
Petroleum Industry Governance Bill, (PIGB) by
the House of Representatives on Wednesday,
January 17, following the Senate’s passage of the
bill last May, represents a historic milestone in
Nigeria.
Companies and Oil Producers Trade Section not to
induce lawmakers during consideration of PIB
- Saraki made it clear to all lawmakers involved in the
process to live above board
- He also called on the leadership of the OIC/OPTS to
report any lawmaker who seeks any personal favour
when the process of passing the bills
President of the Senate, Dr Abubakar Bukola
Saraki on Tuesday, May 8, urged the
International Oil Companies and Oil Producers
Trade Section (IOC/OPTS) operating in the
country not to induce lawmakers during the
consideration of other sections of the Petroleum
Industry Bill.
The fiscal and host communities bills, a
components of the Petroleum Industry Bill is
currently before the national assembly for
consideration and passage.
Saraki who stated this when the leadership of the
IOC/OPTS visited him in Abuja.
According to a statement by his chief press
secretary, Sanni Onogu, in Abuja, he said that
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 of May.
"Let me also use these opportunity to just make some
ground rules clear. We as the 8th national assembly - I told
you at the beginning that the two houses will be on the
same position on the remaining Bills. I think we have
shown that on the first bill we passed.
Bukola Saraki @bukolasaraki 20h
Replying to @bukolasaraki
The National Assembly leadership
has made it clear to everyone
involved that the passage of the
#PIB Fiscal and Host Community
Bills must be a transparent process.
We are not going to tolerate any
hanky-panky. pic.twitter.com/
lPQ2FLPNXV
Bukola Saraki
@bukolasaraki
We must ensure that everything is above board
because the Host Community Bill and the Fiscal
Responsibility Bills are laws that will impact the lives
of many generations of Nigerians. Therefore, we must
make sure that it is done properly in our time.
pic.twitter.com/FEX1zbvg8B
7:29 PM - May 8, 2018
57 48 people are talking about this
"I am confident that for these other bills too, we will do the
same. I want to assure you that it is in our own interest and
the leadership has made it clear to all the members
involved that this must be a transparent process.
"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.
He said: "This is where we are now and this is where it
concerns those of you who are operators to see that we can
pass a petroleum bill that is a win win for all.
"A petroleum bill that will be a win for Nigeria on the
revenue side, investment side and jobs creation; and it is
also a win for those who are investing in Nigeria. Because
we appreciate that it is a very competitive world out there
and we must make Nigeria competitive.
"The only way we can do that is through engagement. We
cannot do it by just passing a bill and just putting it at your
doorstep, because we are not the ones that will do the
investment. So, it has to be a bill that we all believe is in the
interest of all those who are involved," he said.
It would be recalled that the national assembly
commenced the process of passing the fiscal and
host communities components of the petroleum
industry bill after the passage of the Petroleum
Industry Governance Bill (PIGB) now before the
president for assent.
Earlier, the leader of the delegation of the IOC/
OPTS and managing director of Shell Nigeria
Limited, Mr Osagie Okunbo, said the visit is
essentially 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.
"Our primary concern is that at the end of the day, we both
lay the years of uncertainty to rest, but even more
importantly, that a bill that is passed eventually is one that
we can all be proud of and the one that we can say will
encourage investments in all parts of the oil industry, "
Okunbo stated.
had reported that Senate President
Bukola Saraki, affirmed that the passage of the
Petroleum Industry Governance Bill, (PIGB) by
the House of Representatives on Wednesday,
January 17, following the Senate’s passage of the
bill last May, represents a historic milestone in
Nigeria.
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