{"id":118995,"date":"2025-05-21T18:47:01","date_gmt":"2025-05-21T17:47:01","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=118995"},"modified":"2025-05-21T18:47:01","modified_gmt":"2025-05-21T17:47:01","slug":"reps-committees-unveil-five-bills-on-oil-sector-reforms","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/reps-committees-unveil-five-bills-on-oil-sector-reforms\/","title":{"rendered":"Reps Committees Unveil Five Bills on Oil Sector Reforms"},"content":{"rendered":"<div>\n<div style=\"text-align: justify;\">By Tracy Moses<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The House of Representatives Committees on Petroleum Resources (Upstream) and Crude Oil Theft are set to introduce five strategic bills aimed at resolving long-standing challenges in Nigeria\u2019s oil sector.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Chairman of both committees, Hon. Alhassan Ado Doguwa, announced the development during a joint session on Tuesday. He said the proposed legislation is part of a broader effort to safeguard critical oil and gas infrastructure and combat the persistent menace of crude oil theft.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">One of the draft bills, Doguwa disclosed, seeks to establish a statutory commission focused on preventing pipeline vandalism and prosecuting related oil crimes.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThere is growing concern over the surge in insecurity and illegal activities across oil-producing zones. These bills represent the National Assembly\u2019s push to strengthen the government\u2019s efforts in protecting our petroleum assets,\u201d Doguwa said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He noted that both committees\u2014Petroleum Resources (Upstream) and the Special Committee on Crude Oil Theft, have overlapping mandates, particularly concerning crude oil production and exports.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cIn essence, both committees are addressing different dimensions of the same issue, crude oil. While one focuses on theft and sabotage, the other concentrates on exploration and export. Working in synergy ensures a more coordinated and impactful legislative response,\u201d he added.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Among the proposed bills is one backed by the Speaker of the House that seeks to establish a Commission to oversee the decommissioning of oil installations, an issue that has sparked concern among industry stakeholders and host communities.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe decommissioning of oil assets is a key priority for the current administration, but the existing regulatory framework is inadequate. That\u2019s why the Speaker and other House leaders support a bill that would establish a Commission to provide transparent oversight and promote community inclusion in the process,\u201d Doguwa explained.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He emphasized that while each of the five bills will be sponsored by different members, they are the result of a united legislative front.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThese proposals may bear individual names, but they reflect our collective resolve to address the urgent challenges facing the oil sector. It\u2019s a unified response to the expectations of our constituents and the nation,\u201d he concluded.<\/div>\n<div class=\"yj6qo\" style=\"text-align: justify;\"><\/div>\n<div class=\"adL\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<div class=\"adL\" style=\"text-align: justify;\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Tracy Moses The House of Representatives Committees on Petroleum Resources (Upstream) and Crude Oil Theft are set to introduce five strategic bills aimed at resolving long-standing challenges in Nigeria\u2019s&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":118814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-118995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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