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Saturday, May 21, 2022

Minority: Petroleum Revenue Bill Should Be Withdrawn

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The Minority in Parliament is calling for the withdrawal of the Petroleum Revenue Management Bill which according to them has too many amendment proposals that needs to be incorporated before passage.
The bill which is currently under consideration would be a guideline on how the revenue from the yet to be drilled oil would be managed.
According to the minority members, the several proposals made to the bill are relevant and would have to be integrated before it is passed it into law. Former Attorney General and MP for Essikadu Ketan Joe Ghartey told Citi News the proposed amendments which number about 200 must be strongly considered.
“There are fifty four clauses in the Bill and so far we have about 200 amendment proposals. It is not the business of Parliament to deal with policies. The Petroleum Revenue Management Bill is such a fundamental law and when there have been amendment seeking to change the policy, I think that the Government should take a step back, look at it, sanitize it and bring it back” he said.
Meanwhile the NDC Majority says it will push for the continuation of the consideration of the Bill despite the suggestions from the minority side.
On Wednesday December 8, debate on the Bill was suspended following concerns that the house did not have its full set of members, who were engaged in other parliamentary duties.
The chairman of the Energy committee, Moses Asaga disagrees with the Minority’s concerns arguing that a bulk of the proposed amendments were minor, except for about six critical ones which border on the collaterisation of the oil revenues and allocating 10 percent of oil revenues to the Western region.
According to the MP for Nabdam, a decision has been taken to focus on the critical clauses of the Bill for the next debate on Thursday December 9.

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