Friday, February 15, 2013

Northern Lawmakers Oppose Allocating More Funds To Oil Communities

Northern Lawmakers in the National Assembly have voiced their objections against some provisions of the the proposed Petroleum Industry Bill (PIB) which seeks more money for the oil producing areas.
The Petroluem Industry Bill is a proposed law Nigerians are very passionate about. The proposed bill is primarily aimed at addressing the legislative lapses in the oil and gas industry. It is also expected to eliminate corruption in the sector.
However, the Northern lawmakers have pin pointed one of their objections as section 116 which seeks more funds to oil producing states. This has led to a disagreement amongst in the National Assembly as lawmakers from the oil producing state are in full support of the said provision.

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