Presidency disowns PIB in circulation

Abuja — The Presidency, yesterday,
disowned the version of the Petroleum
Industry Bill presently in circulation that
has been published on some websites,
saying PIB which was approved by the
Federal Executive Council recently was still
undergoing finishing touches by relevant
government agencies.
A statement in Abuja by Special Adviser to
the President on Media and Publicity, Dr
Reuben Abati, advised all stakeholders to
ignore the purported PIB in circulation as it
was fake.
According to Abati, on completion of work
on the Bill, it would be sent to the National
Assembly on the seal of the President.
The statement read: "The Presidency has
noted with concern and dismay that a
document alleged to be the new Petroleum
Industry Bill is now in circulation and has
even been published on some websites.
"Before the country is assailed once again
with talk about the promulgation of this
very important national law being hindered
yet again by the existence of multiple
versions, the Presidency wishes to
categorically disown the document
currently being circulated and published as
the new Petroleum Industry Bill.
"Following the consideration and approval
of its contents by the Federal Executive
Council at its meeting last week, the
authentic new Petroleum Industry Bill is still
being finalised by relevant government
departments and readied to be forwarded
to the National Assembly by President
Goodluck Jonathan.
"Upon its delivery to the National Assembly
under the official seal of the President, the
authentic new Petroleum Industry Bill will
be available to all interested parties.
"The general public and all stakeholders in
Nigeria's oil and gas industry are, therefore,
advised to ignore the document currently
in circulation as it is totally fake and lacking
in authenticity."

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