Categories: NewsPolitics

Watch Video As Reps Throw Blows Over Petroleum Industry Bill Hearing

Reps Have Exchanged Blows Over Petroleum Industry Bill Hearing.

 

 

News Rain Nigeria reports that a fight broke out at the ongoing public hearing organised by the House of Representatives on the Petroleum Industry Bill as members of the host communities engage in physical combat.

The fight broke out when the Host Communities of Nigeria Producing Oil and Gas was called to the podium to make a presentation.

Reps Throw Blows Over Petroleum Industry Bill Hearing

 

Some other bodies of host communities, however, stood up, leading to a rowdy session.

 

The situation became worse when members of the opposing sides began to exchange blows, forcing the lawmakers to seek the intervention of security operatives.

The leaders of the oil-rich areas under the aegis of the Host Communities of Nigeria Producing Oil and Gas had on Tuesday, openly rejected the 2.5 percent proposed for them in the Petroleum Industry Bill 2020, being considered by the joint Senate Committee on Petroleum Resources, (Downstream, Upstream, and Gas).

 

They insisted that nothing short of the 10 percent of the operating expenditure they were demanding would be acceptable to them because the proposed 2.5 percent was grossly inadequate to provide basic social amenities and improve the standard of living of their people.

But the Minister of State for Petroleum Resources, Timipre Sylva, faulted the position of host communities who are insisting on collecting 10 percent of the operating expenditure of the oil firms to set up a trust fund.

Watch video below;

 

newsrainng

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