David Mark and Aminu Tambuwal
The current National Assembly may abandon the Petroleum Industry Bill owing to the slow progress of work on it.
The PUNCH observed on Wednesday that it was becoming clear that the bill might be abandoned as senators and members of the House of Representatives have only 16 days to the end of the 7th National Assembly.
Findings showed that while the Senate is behind by not reporting the bill out of the committee stage, the House which started considering its own report last week, was being slowed down by disagreements among lawmakers over the many clauses in the proposed law.
For example, at the resumed consideration of the report by the House on Wednesday, members hotly disagreed over the funds oil majors were expected to share with the Federal Government for exploration activities in the River Basins.