BREAKING: President Buhari Writes Senate Over PIA

• Buhari further insisted that the affected Ministers can continue to perform their functions without necessarily being members of the board of NNPC Limited.

EKOHOTBLOG reports that President Muhammadu Buhari has written a letter to the Senate to seek an amendment to the recently enacted Petroleum Industry Act (PIA).

This was made known by the Senate President, Ahmad Lawan, who read one of the letters at the plenary on Tuesday.

It was gathered that President Buhari, through the proposed amendment to the PIA, seeks to remove the Ministers of Petroleum Resources and Finance from the board of the newly created Nigerian National Petroleum Corporation (NNPC) Limited.

Buhari further insisted that the affected Ministers can continue to perform their functions without necessarily being members of the board of NNPC Limited.

READ ALSO: Buhari Will Teach World Leaders How To Manage Economy During Pandemic – Presidency

Part of the amendment being sought by the President on PIA is to increase the number of Non-Executive members of the NNPC Limited Board from two to six to reflect Federal Character.

EKOHOTBLOG reports that President Buhari, in another letter, transmitted the names of nominees for screening and subsequent confirmation as board members of the Economic and Financial Crimes Commission (EFCC) and the NNPC Limited.

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