Connect with us

FEATURED

Scandal Trails PIB As Senator Alleges Serving Minister Changed Buhari’s 5% Approved For Host Communities

Published

on

Fresh controversy is trailing the passage of Petroleum Industrial Bill as a former Governor of Bayelsa State, Senator Henry Dickson, has exposed how the Minister of State for Petroleum, Timipre Sylva, allegedly proposed 2.5 per cent operating surplus to Host Communities while President Muhammadu Buhari proposed 5 per cent in the Petroleum Industrial Bill.
The Senator made the revelation when he spoke with newsmen on the contentious issue on Thursday in Abuja.

According to Dickson: “Nigerians should ask the Minister of State for Petroleum why (late President Umaru) Yar’Adua proposed 10 per cent, Buhari proposed 5 per cent, but he came to the National Assembly to propose 2.5 per cent.”

The representative of Bayelsa West Senatorial District explained that before the passage of the bill, Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, told the Senators that it is either they agreed to 2.5 percent or no investment.

He said: “Senator (George) Sekibo and I were mandated to reach out to other senators who are not in our region and we did.

“We spoke to lot of them and they all supported us for the 5 per cent.

“Before we took that deliberation and the vote, the Minister of State for Petroleum and the GMD of NNPC were invited to give us the executive perspective.

Advertisement
Article Banner

“I don’t know why it was done, but it was not parliamentary, but it was a decision the leadership took and they came supposedly to enlighten us on the technical  aspect of the bill.

“They told us that it is either we agree to 2.5 percent or no investment.

“So, I can feel how most members who had earlier given us their commitment felt when they heard the tough position by the executive.

“The minister said there won’t be investment inflow if we approve anything higher than the 2.5 per cent.

“There was no room for any interrogation, so they left and we started the consideration.”

(This story excluding headline contains information from The Eagle Online)

Advertisement
Article Banner
Continue Reading
Advertisement
Click to comment
FEATURES7 hours ago

BREAKING: Fire Engulfs Federal Mortgage Bank Headquarters in Abuja

FEATURED7 hours ago

Freedom Of Religion Is Guaranteed — President Tinubu Assures Nigerians

FEATURES10 hours ago

Kano Police Recover ₦59.2m Stolen Solar Inverters, Arrest Four Over Fuel Pump Theft

FEATURES13 hours ago

“I Don’t Know The Source”- Kwara CP Debunks Claim 176 Residents Abducted In Kaiama Attack

FEATURED15 hours ago

I’m Vindicated of Criticism of Delta Govt ‘White-elephant Projects’ – Omo-Agege

#SPORTS18 hours ago

Why FIFA Scrapped $20 Billion World Cup Sell-off Plan

ENTERTAINMENT20 hours ago

“He Bit Me, I’m Bigger Than The Money”- Portable Storms Out Of Boxing Ring

FEATURED1 day ago

Xenophobia: Delta Returnees to Receive ₦2m Grant, ₦300,000 Monthly Stipends

FEATURED1 day ago

Judiciary Has Become the ‘Lost Hope’ of the Common Man – Mike Igini

FEATURED1 day ago

Killers of DELSU Student, Elozino Ogege to Die by Hanging – Court Rules

FEATURED1 day ago

NUJ Warri Decries “Death Trap”on Effurun-Sapele Road, Cult-related Killings, Tankers, Flooding Menace

FEATURED1 day ago

Minister: Tinubu Took Over Economy In Crisis, Now Driving Major Reforms

FEATURED1 day ago

Millions Lost as Fire Guts Furniture Workshop, Residential Buildings in Warri

COMMUNITY REPORT1 day ago

‘U Matter Charity’: Succour as Hundreds of Special Needs Children Receive Free Medicare; Isoko South Boss Lauds Initiative

COMMUNITY REPORT2 days ago

Isoko North Boss Lauds Delta First Lady’s Medical Outreach for Special Needs’ Children

Advertisement
Advertisement

z

   


Article Banner