PIB, 2021 budget top agenda as NASS resumes today —
Connect with us


PIB, 2021 budget top agenda as NASS resumes today



Petroleum Industry Bill, PIB, 2020, 2021 appropriation, constitutional amendment, electoral reforms and other pending legislations that are critical to national development are expected to top the agenda as the National Assembly resumes today.

The legislative arm had on July 24 started its annual recess and is supposed to have resumed on Tuesday, September 15, but shifted it to today.

Already, the PIB has been transmitted to the National Assembly by President MuhammaduBuhari wherein he proposed the scrapping of the Nigerian National Petroleum Corporation, NNPC, and the Petroleum Products Pricing Regulatory Agency, PPPRA.

Rather, the bill proposes the creation of the Nigerian National Petroleum Company Ltd, which it added would be incorporated by the minister of petroleum resources and his finance counterpart to determine the assets and liabilities of the NNPC to be inherited by the new firm.

Other critical bills that would likely receive urgent attention include the 2021 appropriation, which in line with the legislative agenda of the Ninth Assembly, is expected to be presented by the president to the joint session in October and passed before the end of the year.

Others are the Electoral Act and the constitution amendment, whose processes have since commenced by an ad-hoc committee being chaired by the Deputy Senate President,OvieOmo-Agege.

It would be recalled that the PIB and Electoral Act amendment, for instance were passed by the Eighth Assembly, but rejected by President Buhari who withheld his assent and the ninth Assembly, particularly the House of Representatives in its first year promised to revisit them but could not till the end of 2019.

The National Assembly will no doubt be very busy with the consideration and passage of these bills and other critical ones, as well as various motions on national development between now and December when it would embark on another recess for the celebration of Christmas and New Year 2021.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Most Read