{"id":35163,"date":"2021-05-18T18:02:08","date_gmt":"2021-05-18T17:02:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=35163"},"modified":"2021-05-18T18:02:08","modified_gmt":"2021-05-18T17:02:08","slug":"passage-of-pib-wont-go-beyond-june-says-timipre-sylva","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/05\/18\/passage-of-pib-wont-go-beyond-june-says-timipre-sylva\/","title":{"rendered":"Passage of PIB won&#8217;t go beyond June, says Timipre Sylva"},"content":{"rendered":"<p>The minister of state for petroleum resources, Timipre Sylva has stated that the passage of the Petroleum Industry Bill (PIB) will not go beyond June 2021.<\/p>\n<p>Recall that Sylva in February had assured stakeholders that the\u00a0PIB will enshrine an \u201cinvestor-friendly, market-led gas pricing structure.<\/p>\n<p>This statement was made by the minister on Tuesday in Abuja while speaking with newsmen.<\/p>\n<p>Sylva said efforts to ensure passage of the bill before the National Assembly are still on course.<\/p>\n<p>\u201cI want to tell you that PIB is fully on course and we are very happy because we have focused on that for a long time and we had many meetings with the National assembly and <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/04\/11\/south-east-govs-stakeholders-meet-on-security\/\">stakeholders<\/a>.<\/p>\n<p>\u201cToday, I believe that we are all basically satisfied with where we are.<\/p>\n<p>\u201cThe National Assembly has given a timeline, they actually gave April but a few things, but give or take, I still believe that the passage of the PIB will not go beyond June.<\/p>\n<p>\u201cWe are hopeful that between now and June, they will pass the PIB, I don\u2019t think we are faraway with the passage of the PIB,\u2019\u2019 Sylva said.<\/p>\n<p>On subsidy, the minister said that the common man is worse hit but always fight the government whenever it is said it would be removed.<\/p>\n<p>\u201cThe truth is that the common is not benefiting from the subsidy.\u201d<\/p>\n<p>He urged Nigerians to support government\u2019s efforts to ensure full deregulation as the\u00a0government had exhibited political will and commitment to announce deregulation for the downstream sector March 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The minister of state for petroleum resources, Timipre Sylva has stated that the passage of the Petroleum Industry Bill (PIB) will not go beyond June 2021. Recall that Sylva in February had assured stakeholders that the\u00a0PIB will enshrine an \u201cinvestor-friendly, market-led gas pricing structure. This statement was made by the minister on Tuesday in Abuja [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":35166,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[348,8578,208,1660],"class_list":["post-35163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-kaduna-state","tag-petroleum-industry-bill-pib","tag-president-muhammadu-buhari","tag-timipre-sylva"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Passage of PIB won&#039;t go beyond June, says Timipre Sylva<\/title>\n<meta name=\"description\" content=\"The minister of state for petroleum 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