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Legislators Demand 2.5 Billion Naira Bribe To Pass Petroleum Industry Bill And Swfb-investigation - Politics - Nairaland

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House Of Representatives Passes Petroleum Industry Bill (PIB) / 6 BILLION NAIRA BRIBE ; Amaechi Must Mention Names. / Shame On Nigerian Police - All Because Of 50 Naira Bribe They Want To Die (2) (3) (4)

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Legislators Demand 2.5 Billion Naira Bribe To Pass Petroleum Industry Bill And Swfb-investigation by Gbenge77(m): 9:04pm On May 10, 2011
Two critical bills before the National Assembly may not be passed if their promoters fail to make  #2.5bn available to some members of the National Assembly,investigation by our correspondent has revealed.The bills are the Petroleum Industry Bill and the Sovereign wealth fund Bill.  Our correspondent gathered from reliable sources in the Petroleum industry that some members of the National Assembly had demanded $10 to be paid upfront,from the promoters of the PIB,before it would be passed.

It was learnt that the bill,which had been delayed since the draft was made available in 2009,was currently being given accelerated treatment because some agreements had been reached on the legislators demand.

"This is what goes on in our democracy.I can assure that if the PIB will be passed before May 29,as has been said,it would have cost the authoritins $10m.Thats the price;its like a blackmail",a top official in the Petroleum industry,who asked not to be named because of the delicate nature of the matter,said.Continue here,
http://odili.net/news/source/2011/may/10/827.html

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The Typical Can-do Spirit Of A SEner / Imagine Nigeria Without Crude Oil / On The Casualties At The U.n. Building Bombing In Abuja Purported Message By Fani Kayode

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