toogentle:
This is not nice at all. This move is sponsored by some persons who fear that if there is a change of government, their oil licenses will be revoked. So they want to strip the president of such power in order for them to own the licenses forever.

Yeye peeps. They own d oil blocs while we own d oil wells. After 2015, the licenses will expire nd they know he won't renew it for d northeners. If they Streep him, we from d Niger delta will return to d creeks. Let's see how they will enjoy their licence.

angrybird007:
Any setback of GEJ is a blessing to our GENERAL.
All those shouting GEJ till they die and the advertisement down doesn't mean
OUR GENERAL won't win this election



#SAI BABA

c thinking.....o ma se ooo

u see what i keep saying? how can the whip of the house and the speaker come from the north? while pdp was in charge the speaker was north and the whip from the east; now na only hausa fit be leader? i cant believe these hausas. yoruba shine your eyes

pekeyim:
Reps to strip president of power over oil licences
MARCH 12, 2015 : JOHN AMEH, ABUJA

The House of Representatives Ad-Hoc Committee on Petroleum Industry Bill has stripped the President of his “discretionary power” to grant petroleum licences and leases to operators in the country’s oil and gas industry.
In removing this power as contained in Section 191 of the original bill, the committee recommended competitive bidding for such awards to “avoid the practice whereby the power for the award of oil blocks was discretionary.”

The committee, which is chaired by the Chief Whip of the House, Mr. Ishaka Bawa, made the recommendation in its report on the PIB laid before the House in Abuja on Thursday.

Similarly, the committee recommended the removal of the Minister of Petroleum Resources as the chairman of the National Oil Company proposed to assume the duties of the Nigerian National Petroleum Corporation and other key industry agencies.

The minister is also no longer empowered to recommend to the President who to appoint as the chairmen ‎of the boards of agencies listed in the PIB.
The agencies include Upstream Petroleum Inspectorate Agency; Downstream Petroleum Regulatory Agency; Asset Management Corporation ; and any other corporate entity established by the Act (PIB).

The House is yet to consider and approve or reject the report.
But, the committee made far-reaching recommendations on many areas generating controversies in the oil and gas industry.
On the Petroleum Host Community Fund, the committee expanded the beneficiaries to include non-oil producing communities in the country.

In the new recommendations, communities where pipelines pass through or have depots and refineries, will now benefit from oil revenues.
"In the bill, a new Section 118 cover‎s both upstream and downstream sectors.

“This innovation is intended to allay the raging distrust between oil-producing and non-producing communities in the country,” the report explained.

A Frontier Oil Services Agency is recommended to step up exploration activities in already identified oil basins like Sokoto, Anambra, Benue, Bida, Benin and Chad.
The agency is to be funded through taxes from oil production operations and “national budgetary allocations in dual funding strategy aimed at strengthening the agency and its operations.”

Copied from Punch.


http://www.punchng.com/news/reps-to-strip-president-of-power-over-oil-licences/

Deltagiant:
First, the caption reads "to" strip. Then one line reads "has" striped, and the other reads "recommended", wow! Nigeria!!!

u too know book....

Lol...see them, because their licences are expiring this year and the know the President will revoke all of them. they're trying hard to secure their investments.

Criminals

pekeyim:
Reps to strip president of power over oil licences
MARCH 12, 2015 : JOHN AMEH, ABUJA

The House of Representatives Ad-Hoc Committee on Petroleum Industry Bill has stripped the President of his “discretionary power” to grant petroleum licences and leases to operators in the country’s oil and gas industry.
In removing this power as contained in Section 191 of the original bill, the committee recommended competitive bidding for such awards to “avoid the practice whereby the power for the award of oil blocks was discretionary.”

The committee, which is chaired by the Chief Whip of the House, Mr. Ishaka Bawa, made the recommendation in its report on the PIB laid before the House in Abuja on Thursday.

Similarly, the committee recommended the removal of the Minister of Petroleum Resources as the chairman of the National Oil Company proposed to assume the duties of the Nigerian National Petroleum Corporation and other key industry agencies.

The minister is also no longer empowered to recommend to the President who to appoint as the chairmen ‎of the boards of agencies listed in the PIB.
The agencies include Upstream Petroleum Inspectorate Agency; Downstream Petroleum Regulatory Agency; Asset Management Corporation ; and any other corporate entity established by the Act (PIB).

The House is yet to consider and approve or reject the report.
But, the committee made far-reaching recommendations on many areas generating controversies in the oil and gas industry.
On the Petroleum Host Community Fund, the committee expanded the beneficiaries to include non-oil producing communities in the country.

In the new recommendations, communities where pipelines pass through or have depots and refineries, will now benefit from oil revenues.
"In the bill, a new Section 118 cover‎s both upstream and downstream sectors.

“This innovation is intended to allay the raging distrust between oil-producing and non-producing communities in the country,” the report explained.

A Frontier Oil Services Agency is recommended to step up exploration activities in already identified oil basins like Sokoto, Anambra, Benue, Bida, Benin and Chad.
The agency is to be funded through taxes from oil production operations and “national budgetary allocations in dual funding strategy aimed at strengthening the agency and its operations.”

Copied from Punch.


http://www.punchng.com/news/reps-to-strip-president-of-power-over-oil-licences/

una no reach at all. fake news

sorepco:
u see what i keep saying? how can the whip of the house and the speaker come from the north? while pdp was in charge the speaker was north and the whip from the east; now na only hausa fit be leader? i cant believe these hausas. yoruba shine your eyes

God bless you my brother, those from a particular section in the House of Assembly trying to play smart with the use of words, sooner or later since they've used the host communities phrase here they'll soon ask for 13% derivation.

After owning over 80 % of oil blocs .

We are watching in HD

Now I'm sure of getting a license soon

Impossible, let them wait till 2019.

Izontubo:
Now I want GEJ to win more than ever before so that the oil licences can be stripped off those blood sucking non oil producing oligarchs..I am so angry..now they want even non oil producing communities to benefit if the PIB is signed...nonsense...and they have the guts to run a Niger deltan who is the president down... ...

Haaaa Izon! !!!!! Benawei, tebra? We are keenly following this matter. We understand the end from the beginning. It won't work.

Besides, such an ad hoc committee lacks the constitutional powers to unilaterally strip the President of such powers.

Malafakumo

PLSS DONT JUST BELEIVE ANYTHING YOU HEAR AT THIS POINT.
GOD WILL HELP THIS NATION. PDP WILL INCITE TRIBES AGAINST EACH OTHER, INCITE VIOLENCE, CAUSE OUTRAGE, AND PASS/CIRCULATE WRONG INFORMATION TO INTRODUCE CHAOS AND ENEMITY IN THIS COUNTRY JUST SO THAT THEY WONT LOOSE THIS ELECTION.
THERE ARE ALOT OF PDP REPRESENTATIVES IN HOUSE OF REPS OH. SO PPLE SHOULD NOT JUST CREATE AN ILLUSION TO BELEIVE THEY ARE OPPOSITION.

..Shebi we talk am..all this hullabaloo is because of oil..It's obvious GEJ will win and now , they are devising another means to keep hold on the oil ..GEJ will revoke all the licenses in 2016 and new ones awarded..thunder fire all of them there..

TooNoisy:


Your IQ must be the lowest in Africa. You are not even making any sense! What did you smoke before typing this? Or are you looking for some cheap likes?

sharrrapup

But, it seem you forgot that after the second tenue of the current govt end in 2019, if either one aboki or Yoruba man become the next president in 2019, the same priveldge of fiat power will be available to enrich a close and select few people

brownlord:


Lol. Abok1 them no really get sense, well, provided they have oil they want to issue license for and not Niger Delta oil, or better still they can turn gworo to oil.

Nonsense

From the responses on this thread so far, it is clear most Nigerians are just myopic and dumb. This is a very good development and I still can't understand how so many people in their paranoia have suddenly interpreted this as a plot to favour the north. How dumb can people possibly be?

The non-producing host community inclusion is a very good initiative and it is strictly a Niger delta issue. There are countless communities which have flow-stations, oil depots and several pipelines running through their lands within the Niger Delta which suffer the same oil pollution and have their air, soil and water irreversibly polluted. However when compensation comes, they aren't regarded as 'producing' communities and hence are left out. These non-producing host communities have protested this for too long and it is only sensible to consider this initiative as it would save a lot of brewing conflicts within the ND region. I just cant understand why anyone thinks this has anything to do with the north.

As for stripping the powers of the president to discretionally share oil blocks to his friends, this is a very wonderful initiative which would reduce the do-or-die nature of politicking to get to the presidency. This is something that should have been done since 1999 but a lot of people myopically think that this is an aboki plot to stop Jonathan. What these people do not consider in their myopia is that if GEJ shares the blocks to his friends this year, in 4 years time when he hands over to a northerner, the northerner would revoke all the blocks and share to his friends and the cycle of madness continues this way for life. Nipping this senseless trend is something that should be done ASAP.

Handiwork of dis abo.kis..

buh its not going to hold water, i can sense GEJ retaining power nd dey re afraid of losing out..

Kundagarten:
Only Niger Delta citizens should be allowed to give licences.

To hell with APC.

Abeg go sidon somewhere jor ,hw much dem give u out of ur oil well money ?,u just dy yarn dust as if na only dy naija, To hell with ur oil well and let everybody hear word foolish people

nwafuluozoh:
Na now day break? So it really was all about the expiration of oil licenses? After GEJ's tenure you can"stripe" whatever but for now, the President has the power over oil licenses!

I knew it's becos of oil licenses that they don't want gej second tenure....in mama peace voice "the tray is our tray

For our own oil again. If they provoke us ateke and co will blow up everyting. Foolish mad cows. Ingrates.

This is the reason they are shouting change, who una wont to change? Change for their own selfish interest, deceiving d masses that u want 2 bring change, nt knw that u guys want 2 go there for ur own selfish interest called oil blocks. Maybe they have seen that gej may win d election, and it will be a bad market for them, they nw came up wit a plan to strip him oil well lience. Ah! Aboki ppl una get sense well well. Why nw while didn't guys rise this issue since 1999, cos gej is nt ur brother or frm north u guys now knw that the president is nt supposed to be signing oil well lience. God is watching u all o, all this our bad leaders.

Deltagiant:
First, the caption reads "to" strip. Then one line reads "has" striped, and the other reads "recommended", wow! Nigeria!!!

dats tinubus jankara 4u.

angrybird007:
Any setback of GEJ is a blessing to our GENERAL.
All those shouting GEJ till they die and the advertisement down doesn't mean
OUR GENERAL won't win this election

#SAI BABA

I see thunder looming

Nigeria needs to divide. There's no way we can grow together. We are complete strangers to one another. I support the division of Nigeria. Nothing seems to be working in this country. Maybe we would be better off if we split.

I just laugh the malus to scorn!If these mallam had thier way,they would even remove the oil totally and carry it to the sahel.But the good news is:God pass them!!! There's absolutely nothing repeat nothing they can do about it.If they feel so pained about the oil,let them change states of origin and come to the Niger Delta.I have always said it,"it has always been about the oil"Mallams,deal with it!

TooNoisy:
How can the president give what belongs to the Nation to his friends? How did the law get passed in the first instance? The PDP government needs to be kicked out fast!

Oya babe ,wetin you dey wait?come kick PDP comot na. see talk! msheeeew

Arysexy:
Shey una dey see ab0ki game plan. Now d oil licence is about to be renewed and the boko haram politics could not remove GEJ, they wan use HOR achieve that grip on niger delta oil.

Hmmm

My brother,can you imagine these abokis for God's sake.What is done is done.Let them throw taekwando strikes at the heavens if e pain dem reach.mtsheeeeeew shiooor!

Deltagiant:
First, the caption reads "to" strip. Then one line reads "has" striped, and the other reads "recommended", wow! Nigeria!!!

Can you imagine that blunder? The other day AIT owned by south south individual was burned by apc members for telling Nigerians the atrocities committes by Buhari against Nigerians. Can any individual tell me why Punch should not be delt with in the same way. Imagine the destruction caused by Punch over the years in this country!

pure2012soul:

I tire o. They contribute nothing to the commonwealth except BH & Polio

And homosexuality.

TooNoisy:
How can the president give what belongs to the Nation to his friends? How did the law get passed in the first instance? The PDP government needs to be kicked out fast!

YOU DON TALK FINISH, CLAP FOR YOURSELF!

zizibabe1:


And homosexuality.

Ohooooo!! This is what the APC/greedy northern elites have been fighting for!! Now that they know the possibility of getting the Presidency is an illusion, they want the house which is riddled with their unscrupulous elements to do the dirty job for them. Una don FAIL!! Oil licence ko..groundnut oil licence nii?? Anyhow una carry am come, the ND dey wait for una. Ndi oshiiii!!