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JUST IN: Buhari writes Senate, seeks amendment to PIA

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President Muhammadu Buhari has written to the Senate, seeking an amendment to the recently enacted Petroleum Industry Act, PIA.

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Mr Buhari’s letter was read on Tuesday on the floor by Senate President Ahmad Lawan.

According to one of the letters, the President seeks to remove the Ministers of Petroleum Resources and Finance from the board of the newly created Nigerian National Petroleum Corporation, NNPC Limited.

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The President insisted that the affected Ministers can continue to perform their functions without necessarily being members of the board of NNPC Limited.

Part of the amendment is to increase the number of Non-Executive members of the NNPC Limited Board from two to six to reflect Federal Character.

Mr Buhari, in another letter, transmitted the names of nominees for screening and subsequent confirmation as board members of the Economic and Financial Crimes Commission, EFCC, and the NNPCL.

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