Senate President prioritises Petroleum Industry Bill passage

dimeji akinloye

June 17, 2015 11:50 PM

He said that the Senate will continue to embrace dialogue to fast-track easy passage of the Bill.

Senate President, Bukola Saraki, has reassured Nigerians that the eight Senate will work towards ensuring the passage of the Petroleum Industry Bill (PIB).

Saraki made the promise while hosting the Managing Director, Shell Petroleum Development Company (SPDC), Osagie Okunbor and his team in his office in Abuja on Wednesday, June 17.

The senate president said that the PIB remains a priority in the Senate, saying "we have to engage discussion and dialogue.

"We can break the jinx which can only be achieved devoid of politics. PIB is a priority in this Senate."

He said that the Senate will collaborate with oil companies and other stakeholders in finding lasting solution to environmental hazard, gas flaring and remuneration to host communities and all aggrieved parties.

Saraki also assured that the Senate will continue to come up with legislations that will make the country an investment destination and provide conducive environment for such investment to thrive.

Earlier, Okunbor said that he was in the Senate to congratulate Saraki on his successful election.

He solicited the support and cooperation of the Senate in passage of the PIB, adding, "the survival of petroleum industry depends greatly on the passage of the PIB."

dimeji akinloye