Due Process Should be Followed in NNPC Unbundling – Reps

The House of Representatives has advised that due process should be followed in the planned restructuring of the Nigerian National Petroleum Corporation (NNPC).

According to the Rep. Abdulrazak Namdas, the Chairman, House Committee on Media and Public Affairs, the move was unconstitutional and usurped the powers of the legislature. He noted that the NNPC was established by an Act of Parliament, argued that there was need for an Executive Bill for the corporation to be restructured.

“NNPC is an Act and we feel that anything that will be done on NNPC should be brought back to the National Assembly,’’ Namdas said.

“We also urge Mr President to send Executive Bill to the National Assembly as soon as possible.

“The Speaker of the House of Representatives has put calls to the President on three occasions, asking him to at least send an Executive Bill for the Petroleum Industrial Bill (PIB) or petroleum reform as it would suit them,’’ Namdas said.