PIB: Northern Lawmakers Give Conditions For Passage

Northern senators have given listed their conditions for supporting the passage of the Petroleum Industry Bill.

Even though the bill has passed second reading in the Senate, the senators have not given up their opposition to the bill.

The conditions which they say the National Assembly must address before the bill is passed into law, are the removal of the discretionary power given to the Minister of Petroleum Resources to determine royalty and the 10 per cent Host Community Fund, which will give oil producing states more revenue than the 19 states in the North. Read more