We're ready to pass PIB, say Lawan, Gbajabiamila - Newstrends
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We’re ready to pass PIB, say Lawan, Gbajabiamila

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3 years ago

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Gbajabiamila, Lawan

The leadership of the National Assembly said on Monday, 28 September, 2020 that the ninth Assembly would break the jinx of not being able to pass the Petroleum Industry Bill after several attempts.
The President of the Senate, Ahmad Lawan and the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila assured Nigerians that the time had come for the passage of the bill.
They spoke at a meeting of the leadership of the National Assembly with the Minister of State for Petroleum, Timipre Silva, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari and some other top officials in the Petroleum sector.

The meeting was to brief the National Assembly leaders on the focus of the PIB which the Senate President confirmed was forwarded to the Assembly about two weeks ago.
The bill has not been read at the floor of either of the two chambers of the National Assembly because the federal lawmakers are currently on recess but will resume session on Tuesday.
“The PIB is said to be jinx actually for a long time. Probably from 2007 to 2019,” Lawan said in his opening remarks.
“It’s either the bill or bills were sponsored by the executive and not passed by the legislature as was the case in 2007, 2011 in the 6th and 7th Assembly.
“In the 8th Assembly, the legislature sponsored the bill, breaking it down to about three; it passed but there was no assent.
“Now the bill is an executive bill coming to the National Assembly. The two chambers promise that we will break that jinx.

“We want to see an oil industry in Nigeria that is properly regulated, an oil industry that not only sustains the investment that we have but attract even more investment, an oil industry that is very competitive.
“So the Ninth Assembly wants to work with you, have a very clear understanding of every provision so that, at the end of the day, we will break that jinx together with you and provide the oil industry a legislation that will make more effective and efficient at the end of the day,” Lawan said.
The Senate President said it was the first meeting between the Petroleum Ministry and other agencies with the leadership of the National Assembly to discuss the essence and focus of the bill.
“We are glad that the bill is now in the National Assembly even though not before the National Assembly.
“I imagine that by tomorrow(Tuesday) when the communication to the House, communication to the Senate will be read, then it will be before the two chambers of the National Assembly,” Lawan said. Gbajabiamila was also confident that the ninth National Assembly would break the jinx and pass the bill speedily.
“The bill has been long in the making for several years but I believe this is the session in which it will pass.
“We will pass this Bill speedily, however its passage will not sacrifice thoroughness. We will not sacrifice thoroughness on the alter of speed. Speed because it will be in the nation’s best interest.
“In the House of Representatives, we have assembled a crack team of legislators who are versed in the workings of the industry. It is an ad-hoc committee drawn from the House Commitees on Oil, Upstream, Downstream, Local Content and Gas.
“So there is a crack team that will be working with you as we are all trying to go to the same destination.
“Talking about passing it speedily, unfortunately it is coming at the time when it will be competing with the passage of the budget,” Gbajabiamila said.
The Speaker described the bill as “perhaps the most important piece of legislation that will come out from National Assembly in the lifetime of this government.
“It is a most important piece of legislation because we all know what oil represents in terms of our economy. Everyone has been waiting for the arrival of the PIB.
“That is the legislations that is on the lips of every Nigerian whether he knows anything about petroleum or not. It is the most popular and most common Bill. Everybody talks about PIB because oil represents the life wire of our state. That underscores the importance of this bill,” Gbajabiamila said.

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Obi, Rabiu, Agabi among prominent Nigerians affected by Wike’s revocation of land in FCT

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5 hours ago

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September 22, 2023

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Federal Capital Territory Minister, Nyesom Wike

Obi, Rabiu, Agabi among prominent Nigerians affected by Wike’s revocation of land in FCT

The Federal Capital Territory Minister, Nyesom Wike, has ordered the immediate revocation of 165 plots of land in the serviced districts of the Federal Capital City.

Some high profile individuals affected by the action include the presidential candidate of Labour Party, Peter Obi; former Governor of Cross River State, Senator Liyel Imoke; former Secretary to the Government of the Federation, Uffot Joseph Ekaette; former Justice of Supreme Court and chairman of the National Political Reforms Conference (NPRC), Late Justice Niki Tobi.

A report by THISDAY listed others aa former Justice of Supreme Court, Udoma Udo Udoma; two-time Attorney General of the Federation and Minister of Justice Kanu Agabi; Chairman of BUA Group, Abdul Samad Rabiu; former Chairman of Leadership Newspapers, Sam Nda-Isaiah and columnist Donu Kogbara, among others.

Obi’s plot of land in Katampe District was revoked, while Imoke plot of land in Maitama was also revoked.

The FCTA explained in a statement yesterday, that the revocation was premised on the failure of the allotted owners to develop the plots.

It added that the notice for the revocation as compiled by the Land Department was approved by Wike, due to continuous contravention of the terms of agreement as encapsulated.

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The FCT Permanent Secretary, Mr. Adesola Olusade, said in a statement yesterday, that the revoked plots belong to individuals and corporate organisations, who have continually failed to keep to the terms of agreement as contained in Section 28(5) (a) & (b) of the Land Use Act.

The affected plots are situated within some districts in the FCC namely: Central Business District, Maitama (A05); Maitama (A06); Wuse II (A08); Gudu (B01) and Wuye (B03).

Others are Jabi (B04); Utako (B05); Katampe Extension (B19); Idu Industrial Area (C16) and Asokoro (A04) Districts respectively.”

The Federal Capital Territory Administration FCTA hereby informs the general public that the Minister of the Federal Capital Territory has, in the exercise of the powers conferred on him under Section 28(5)(a) & (b) of the Land Use Act 1978, revoked the underlisted plots with names and titles as reflected in our records for continued contravention of the terms of development of the Right of Occupancy to wit non-development,” Adesola said.

Also the Director Information and Communication FCT Mohammad Hayat Sule, stated in another statement last night that the revocation of the affected plots was approved by the Wike following the violation of the terms of Rights of Occupancy.

“The Minister of the Federal Capital Territory has, in the exercise of the powers conferred on him under Section 28(5)(a) & (b) of the Land Use Act 1978 revoked the affected titles for continued contravention of the terms of development of the Right of Occupancy to wit non-development,” Sule said.

Wike had upon his appointment as minister vowed to revoke undeveloped plots and those whose ground rents had not been paid for years.

He recently gave allottees defaulting in the payment of their ground rent a two-week grace to pay their obligations or risk revocation of their allocations.

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NASDAQ: Tinubu 1st African President to ring closing bell

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6 hours ago

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September 22, 2023

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NASDAQ: Tinubu 1st African President to ring closing bell

PRESIDENT Bola Tinubu on Thursday rang the bell at the National Association of Securities Dealers Automatic Quotation System (NASDAQ), becoming the first African Head of Government to do so.

The president rang the bell at the world’s financial capital, New York and became the first African President to perform such task.

NASDAQ is world’s second largest stock exchange.

Tinubu, while performing the task, was in company of  some Nigerian business leaders and officials of the Nigerian Exchange Ltd. (NGX).

The President also used the opportunity, presented by the historic moment, to advance his foreign investment push in front of financial markets at the famous stock exchange.

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“It’s a great honour for me to be here. I am happy to bring Nigeria to your doorsteps and I am honoured that we are here, today, with a bubbling Nigerian stock market that will evolve in the West African sub-region.

‘’The greatest economy in Africa is Nigeria. There is an immense opportunity in Nigeria, where you can invest your money without fear,” the President said.

He said that his government would address longstanding problems and impediments, such as the recent economic policies taken since assumption of office in May.

He said these include restoration and unification of the foreign exchange rate market to a stable and trustworthy level.

According to him, this will allow new investors to bring their money and be free of worries about whether they can take it out at any point in time.

“You’re free to take in your money and bring out your money. I count on you to invest in Nigeria,” the President said.

NASDAQ: Tinubu 1st African President to ring closing bell

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Mohbad represents millions of Nigerian youths without proper mentors – Lagos Pastor

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6 hours ago

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September 22, 2023

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Pastor Godman Akinlabi, Mohbad

Mohbad represents millions of Nigerian youths without proper mentors – Lagos Pastor

The Senior Pastor of the Elevation Church in Lekki, Lagos, Godman Akinlabi, has stated that the life and death of the late Nigerian singer, Ilerioluwa Oladimeji, popularly known as Mohbad, reflect a lack of adequate mentorship.

Newstrends reports that Mohbad passed away on September 12 under controversial circumstances that have left Nigerians, the Lagos state government, and security agencies searching for answers.

Folakemi Falana of the Falana Falana Chambers alleged on September 18, in a letter to the Chief Coroner of the Lagos State High Court, that the deceased showed no signs of illness before leaving home and even performed at a show in Ikorodu but died hours after his performance.

Mohbad was hastily buried, but authorities exhumed his body on Thursday to conduct an autopsy to determine the cause of his death.

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However, in a Facebook Reel video on Thursday night, Pastor Akinlabi said that the narrative surrounding the singer’s life might actually be representative of what many young people are facing – a lack of proper mentorship and protection.

“Mohbad represents millions of exposed young men and women whose lights have been dimmed or extinguished due to the absence of the right mentors to guide and protect them in different phases and seasons of their lives.

“Intimidation and abuse often occur, even within the church. It goes unchecked because the victims are vulnerable, lacking the right support in the form of a mentor to look out for them and shield them from predators and destructive lifestyles,” the cleric said.

He went on to challenge everyone on his newsfeed to seek out a younger person to mentor on the right path.

“Treat them kindly. Speak words of life and healing to them. Protect them. Help them grow into the men and women God has destined them to be. May God bless you as you do.

“It’s not enough to simply call for justice for Mohbad. Let’s take this as a sign to treat other people, especially the vulnerable, more kindly,” he added, calling for justice for the late singer.

Mohbad represents millions of Nigerian youths without proper mentors – Lagos Pastor

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