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Home The Nation How Sen. Babba Kaita facilitates Quick Passage of Petroleum Industry Bill
How Sen. Babba Kaita facilitates Quick Passage of Petroleum Industry Bill

How Sen. Babba Kaita facilitates Quick Passage of Petroleum Industry Bill

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SENATOR BABBA KAITA FOILS ATTEMPT TO FRUSTRATE QUICK PASSAGE TO THE PETROLEUM INDUSTRY BILL (PIB).

Distinguished Senator Ahmad Babba Kaita representing Katsina North yesterday in his yet another finest outing demonstrated his brilliance and due diligence in his contribution to the final debate which led to the historic passage of the petroleum industry bill by the Senate thirteen years after it was played before the National Assembly.

Senator Kaita during the final debate proposed an amendment for section 240 subsection 2 of the Petroleum Industry Bill, which stipulated the Sources of funding for the petroleum host community development fund, which is expected to Fastrack development in all the petroleum host communities.

Senator Kaita’s smart intervention was hinged on the fact that the committee which worked on the final recommendations of the bill had changed the percentage of fund allocated to the petroleum host community, from two point five percent to five percent as against the general interest of the senate, a move he believed could frustrate a smooth assent to the Bill.

The borderless Senator in his considerate manner of amendment to the Bill proposed the reduction of the percentage due to the host community from five percent to three instead of two point five percent that had been captured before the committee’s recommendations.

However, a member of the committee and senator representing one of the South-South states explained that the reason for the increment of the percentage of funds to be allocated to the petroleum host community
is because the PIB places emphasis on the assets of the host community with a clause to pay for the assets of the host community directly from their fund should in case of any incident that may affect their assets.

Meanwhile, the Senate President Dr Ahmed Lawal after putting a question to the senate on Senator Ahmad Baba Kaita’s amendment ruled in his favour after a unanimous voice vote by a majority of senators.

PIB which stipulates sources of funding for annual contribution to host community development trust fund of 3 percent instead of five of an amount equal to its actual expenditure
Though there was an attempt to explain to the Senate why the committee recommendations which earlier had two point five percent contribution to the host community was changed to five percent, this argument did not see the light of the day.

He explained that the bill emphasizes the assets of the host community with a provision that if there’s an incident that affects the assets of the host community, it will be a remedy through the host community trust fund.

………

Malam Abdulkadir Lawal
Media Adviser to Senator Ahmad Babba Kaita, Katsina North.
2nd July 2021.

SENATOR BABBA KAITA FOILS ATTEMPT TO FRUSTRATE QUICK ASSENT TO THE PETROLEUM INDUSTRY BILL (PIB).

Distinguished Senator Ahmad Babba Kaita representing Katsina North yesterday in his yet another finest outing demonstrated his brilliance and due diligence in his contribution to the final debate which led to the historic passage of the petroleum industry bill by the Senate thirteen years after it was played before the National Assembly.

Senator Kaita during the final debate proposed an amendment for section 240 subsection 2 of the Petroleum Industry Bill, which stipulated the Sources of funding for the petroleum host community development fund, which is expected to Fastrack development in all the petroleum host communities.

Senator Kaita’s smart intervention was hinged on the fact that the committee which worked on the final recommendations of the bill had changed the percentage of fund allocated to the petroleum host community, from two point five percent to five percent as against the general interest of the senate, a move he believed could frustrate a smooth assent to the Bill.

The borderless Senator in his considerate manner of amendment to the Bill proposed the reduction of the percentage due to the host community from five percent to three instead of two point five percent that had been captured before the committee’s recommendations.

However, a member of the committee and senator representing one of the South-South states explained that the reason for the increment of the percentage of funds to be allocated to the petroleum host community
is because the PIB places emphasis on the assets of the host community with a clause to pay for the assets of the host community directly from their fund should in case of any incident that may affect their assets.

Meanwhile, the Senate President Dr Ahmed Lawal after putting a question to the senate on Senator Ahmad Baba Kaita’s amendment ruled in his favour after a unanimous voice vote by a majority of senators.

PIB which stipulates sources of funding for annual contribution to host community development trust fund of 3 percent instead of five of an amount equal to its actual expenditure
Though there was an attempt to explain to the Senate why the committee recommendations which earlier had two point five percent contribution to the host community was changed to five percent, this argument did not see the light of the day.

He explained that the bill emphasizes the assets of the host community with a provision that if there’s an incident that affects the assets of the host community, it will be a remedy through the host community trust fund.

………

Malam Abdulkadir Lawal
Media Adviser to Senator Ahmad Babba Kaita, Katsina North.
2nd July 2021.

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