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Showing posts with the label PIB

Petroleum Industry Bill: Reps Approves

The House of Representatives, yesterday, passed the Petroleum Industry Bill (PIB) in a valedictory session to end the Seventh Assembly And as the Seventh Senate came to an end also yesterday, out-going Senate President, David Mark, has taken responsibility for any shortcoming by the upper chamber even as a political watchdog, Transition Monitoring Group (TMG), rejected the 46 bills passed Wednesday by the Senate National Assembly. Mark also said his party, the Peoples Democratic Party (PDP) was not interested in any of the leadership positions in the eighth Senate. According to TMG, the legislators acted neither with recourse to due legislative process nor a sense of reflection about the implications of their action on the image of the country. And yet again, attempts by the seventh Senate to redeem the Fourth Alteration Amendment Bill met a dead end yesterday as it failed to override the President’s veto. The House had on Tuesday suspended the considera...