Nigeria Minister of State for Petroleum Resources, Timipre Sylva, has said President Muhammadu Buhari will soon sign into law the Petroleum Industry Bill.
Naija News understands that there have been controversies over the bill which seek to make provision for payment of 3% of the nations petroleum products interest to host communities, among others.
However, Sylva who spoke when members of the Board of Trustees of Corruption Reporters led by Yunusa Tanko gave him an award for championing anti-corruption fight by promoting transparency in the petroleum industry, insists that the bill will soon be approved.
He said, “The PIB, which has been passed by the National Assembly, would soon be signed into law.
“And it will change the narrative and fast track transparency and openness in the petroleum industry for the development of the nation.”
Meanwhile, the Northern apex socio-cultural organisation, the Arewa Consultative Forum, has berated the Muhammdu Buhari government for failing to tackle the growing insecurity in the country.
In an interview on Thursday, Publicity Secretary of the ACF, Emmanuel Yawe, said the continous abduction of students in the North is becoming worrisome.