President Muhammadu Buhari on Monday from perceived isolation from suspected Covid-19 virus, signed the controversial Petroleum Industry Bill (PIB) 2021 into law even as protests developed into threats on the benefits of host communities and other issues.
Senior special adviser to the president on media and publicity, Femi Adesina confirmed Buhari has signed the bill that may spark more trouble for the country recalling that Patmos Media Line had reported that MEND a vociferous group of the South South other groups including the Ijaw nation had promised Armageddon.
They vowed that if signed into law, they would be back in the trenches and bomb all pipelines and wells supplying the nation petrol.
Adesina’s statement reads, “Working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday August 13, the President assented to the Bill Monday August 16, in his determination to fulfill his constitutional duty.
“The ceremonial part of the new legislation will be done on Wednesday, after the days of mandatory isolation would have been fulfilled.
“The Petroleum Industry Act provides legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry, the development of host communities, and related matters.
“The Senate had passed the Bill on July 15, 2021, while the House of Representatives did same on July 16, thus ending a long wait since early 2000s, and notching another high for the Buhari administration.”