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BREAKING: Senate Summons NNPC Boss, Kyari
- “Before plenary tomorrow, the leadership of the Senate has decided to invite NNPC GMD to come and brief us in a closed session.”
EKO HOT BLOG reports that the Senate has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari.
This was disclosed by the Senate President, Ahmad Lawan, during plenary on Wednesday.
Lawan stated that the NNPC GMD will on Thursday brief the Senate on the Petroleum Industry Bill (PIB), 2021.
The Senate President noted that the briefing was to help the senators better informed on the technicalities and financial implications of certain provisions in the piece of legislation, adding that the briefing by the NNPC boss would be closed-door and last for one hour.
EKO HOT BLOG recalls that the Senate had on Tuesday received the report of the Joint Committee on Petroleum (Downstream); Petroleum (Upstream) and Gas Resources on PIB.
Lawan further stated that Thursday’s plenary would be entirely devoted to the consideration of the report.
“Before plenary tomorrow, the leadership of the Senate has decided to invite NNPC GMD to come and brief us in a closed session.
READ ALSO: BREAKING: NNPC Gives Fresh Update On Increment Of Petrol Price
“The opportunity is for those of us who are not members of the joint committees to hear some of the technical details, financial details, and implications of certain provisions in the bill,” the Senate President said.
EKO HOT BLOG understands that the proposed legislation seeks to reform Nigeria’s petroleum industry.
The bill, first presented in the National Assembly in 2008, aims to streamline how energy assets in the country are operated and funded.
NNPC GMD, Mele Kyari
According to the lawmakers, it would also regulate the oil industry and attract more investment to the sector.
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