Presidency mocks past leaders after successful passage of PIA

Presidency mocks past leaders after successful passage of PIA

The Presidency on Thursday, August 19, sent a mocking message to former Nigerian Presidents before Muhammadu Buhari’s administration.

This was contained in a message published on the Facebook page of Presidency aide, Femi Adesina titled, ‘PMB: Call Him The Master Finisher.’

According to Adesina, Buhari did what “vanquished” the trio of Obasanjo, Jonathan, and Yar’Adua.

He noted that, with the recently signed Petroleum Industry Act, President Buhari achieved what ex-Presidents Olusegun Obasanjo, Goodluck Jonathan, as well as the late Umaru Yar’Adua could not achieve in their 16-year total rule.

Despite overwhelming opposition to some controversial elements in the Petroleum Industry Bill, Buhari had assented to the bill this week; ending about 20 years of legislative stalemate. The bill, now known as the PIA, will regulate all matters in the oil sector.

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The Presidency said, “The country has been agog this week; with fallout from the signing of the long-awaited Petroleum Industry Bill into law. That legislation has now become Petroleum Industry Act.

“President Muhammadu Buhari has done what Napoleon couldn’t do. Again and again. The Bill had defied Olusegun Obasanjo who introduced it, got the better of Umaru Musa Yar’Adua (God rest his soul), worsted Goodluck Jonathan, but has finally been subdued by Buhari. The man has proven to be adept at concluding things that had long trounced and vanquished many leaders before him.

“The PIB overwhelmed the first to eighth National Assembly, which couldn’t pass it into law. But through synergy and cooperation between the Executive and the Ninth Assembly, Nigeria now has a law for her cash cow, the oil and gas industry, more than 50 years after the last legislation, which had become obsolete.”

The recently assented PIB had been heavily criticised by stakeholders in Southern Nigeria with the Pan-Niger Delta Forum; and other groups in the South-South, South-West, and South-East describing its provisions as “unjust, satanic and provocative”.

The Southern governors last month in Lagos rejected the proposed allocation of at least 30 per cent of the profit; generated by the proposed Nigerian National Petroleum Company Limited; for the exploration of oil in ‘frontier basins’ as identified by Section 9 of the PIB.

 

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