Senate President Ahmad Lawan on Thursday assured Nigerians that the Petroleum Industry Bill (PIB) which is before the National Assembly will change the fortune of the country when it becomes law.
The Senate President spoke in his office while playing host to the British High Commissioner to Nigeria, Catriona Laing.
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“The PIB is going to be a piece of legislation that in our estimation will change the economic fortune of Nigeria and of course improve the earnings by our businesses who are here and we want to attract many more investments into the oil and gas industry in Nigeria,” Lawan said.
He said the ninth Assembly would ensure the passage of the PIB as promised even though, he pointed out, that the bill had “suffered from a demonic influence” by refusing passage since 2008 when it was first introduced to the sixth Assembly.
“We are so confident that we will be able to pass this bill by April. We want it signed into law by May and we want every stakeholder to be a winner,” Lawan said.
The Senate President also assured that the Electoral amendment bill would be passed in good time.
The British High Commissioner commended President Buhari over the appointment of the new Service Chiefs and urged the National Assembly to ensure the passage of the PIB and Electoral amendment Bill.