The Senate will on Tuesday, October 20, 2020, debate the Petroleum Industry Bill forwarded by President Muhammadu Buhari to the National Assembly last week.
The disclosure was made in an announcement by the President of the Senate, Ahmad Lawan, moments before the upper chamber adjourned plenary on Thursday.
According to Lawan, early debate on the bill is expected to avert any delay in consideration, resulting from the upper chamber’s decision to suspend plenary for one month to enable Ministries, Departments and Agencies of Government defend their respective budgets for the year 2021.
Lawan added that the critical piece of legislation, after the debate on the floor by lawmakers, would then pass for second reading and be referred to the Joint Committees on Petroleum; and Gas for further legislative work.
“For the PIB, we need to get the document to our Joint Committee before we suspend plenary, otherwise, the document will remain unattended to throughout the time that we would be handling the budget; and that means we can only come back to it around November or December, and that would be late.
“Everybody is waiting for the PIB to be attended to, but we will take sufficient time to work on it because it is a very sensitive document.
“Nevertheless, we should take the debate and Second Reading of the PIB by the upper week, Tuesday 20th, 2020, and refer the document to our Joint Committees on Petroleum (Upstream and Downstream); and Gas.