Bamidele assured that both chambers of the National Assembly will ensure to resolve the issues in the petroleum sector.
The National Assembly is set to relaunch its investigation into alleged economic sabotage within Nigeria’s petroleum sector, following the decision to form a joint committee.
This was disclosed in a statement on Monday by the Leader of the Senate, Senator Opeyemi Bamidele (APC, Ekiti Central), who chairs the senate ad-hoc committee on the issue.
OrderPaper recalls that the committee was set up on Wednesday, July 3, 2024, during plenary following an extensive debate by senators on a motion sponsored by Senator Asuquo Ekpenyong (APC, Cross River South) regarding the importation of hazardous products and the dumping of substandard diesel into Nigeria.
Bamidele’s statement read, “As we return fully to the parliamentary sessions on Tuesday this week, the National Assembly will without ambiguity, revisit its decision to decisively address challenges in the petroleum industry.
“The industry is not optimal in its performance. This may not be unconnected to crude oil theft, endless turn around maintenance of public refineries, importation of substandard petroleum products and disruption of fuel supply, among others.
“Contrary to some media reports, the Senate never suspended its Ad-hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry, but postponed its public hearing due to the need to address issues that border on the Rules of the National Assembly.
“Today, both chambers of the National Assembly will resolve the issues and possibly constitute a joint committee that will continue with the investigation from where the ad-hoc committee stopped.”
READ ALSO: Senate summons petroleum minister, NNPCL, CBN, NPA, others over alleged economic sabotage
The House of Representatives and the Senate, according to Bamidele, are now prepared to work together through a joint committee that will continue the probe where the separate efforts left off.
“We are committed to unearthing the roots of economic sabotage in the petroleum industry in the national interest and developing institutional mechanisms that will make the industry more efficient and functional.”
According to him, both chambers are expecting a new Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from the Executive which are integral parts of yearly budget preparation, consideration and approval.
“The consideration of MTEF occupies a prime place on the rung of our legislative agenda. This is simply because MTEF must be ready before the 2025 Appropriation Bill can be laid before the National Assembly. We are equally preoccupied with the review of the 1999 Constitution. In the Senate, the Constitution Review Committee is chaired by Deputy President of the Senate, Senator Barau Jibrin.
“In the coming weeks, the Committee will hold retreats and strategy sessions; call for memoranda and organise zonal meetings on some sections of our constitution that should be amended. Given the pedigrees of all its members, this exercise no doubt promises a truly federative approach that will redefine and reinvent public governance in this country,” he added.
STAR Check: Nigerians, particularly, constituents of Ekiti Central district, can keep tabs on the legislative performance of Sen. Bamidele throughout the 10th senate here.
