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NEITI hopeful of speedy passage of PIB

By on March 25, 2013

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Sunday in Abuja called for the speedy passage of the Petroleum Industry Bill (PIB) currently before the National Assembly.

A statement issued by NEITI’s Director of Communications, Mr Ogbonnaya Orji, said the agency was gladdened by the commencement of deliberation on the bill by the National Assembly.

“NEITI notes with interest that the Bill has passed the first and second readings and progressed to the Committee stage at the Senate.

“The House of Representatives has also shown equal commitment by setting up a special ad-hoc committee to facilitate legislative proceedings on the bill,’’ it said.

The statement said the bill’s passage would go a long way in enhancing NEITI’s job of enthroning transparency and accountability in the nation’s oil and gas sector.

It noted that NEITI had been engaging stakeholders in the sector and the general public with a view to   contributing to the content of the bill.



[Daily Times]