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Senate President Bukola Saraki on Monday assured that the Senate will pass three of the Petroleum Industry Bills (PIBs) before the National Assembly embarks on annual recess.
He stated this in Abuja while declaring open a public hearing on the bills, organized by the Senate Joint Committee on PIB.
The bills include the Petroleum Industry Fiscal Framework Bill, Petroleum Industry Administration Bill and Petroleum Industry Host and Impacted Communities Bill.
The National Assembly is expected to embark on long break by end of July.
The Senate President also assured that the harmonised Petroleum Industry Governance Bill (PIGB), which was last week last referred to the conference committee for further legislative work, will submit its report this week.
The Senate President also expressed disappointment over the absence of the government ministries, departments and agencies at the public hearing on the bills expected to introduce reforms in the oil and gas sector of the nation’s economy.
Those absent at the event include the Ministry of Petroleum Resources, Central Bank of Nigeria (CBN), Ministry of Finance, Petroleum Products Pricing Regulatory Agency (PPPRA), Department of Petroleum Resources (DPR), Petroleum Equalisation Fund Board, Niger Delta Development Commission (NDDC), Amnesty Programme, Accountant General of the Federation among others.
The joint committee comprises of three standing committees of the Senate. They include: Committees on Petroleum Resources (Upstream), Petroleum Resources (Downstream) and Gas Resources.
OWEDE AGBAJILEKE, Abuja
