Thursday, 11 October 2012

Bill Seeking To Impose Penalties On Oil Spills Passed Second Reading On The Floor Of The Senate

A bill seeking  to impose penalties on oil spills in the has passed through the  second reading on the floor of the senate.

Leading debate on the Bill, the Chairman of the Senate Committee on Environment Senator Bukola Saraki noted that  there is no law to compel multinational oil companies to pay compensation on account  of oil spills hence the need to amend the National Oil Spill Detection and Response Agency (NOSDRA) Act and strenghten the agency to live up to its expectations.

He lamented that an estimated 13 million to 16 million barrels of oil has been spilled into the ecosystem over the last 50 years.

Senator Saraki also stressed that the proposed amendment would go a long way to help the National Oil Spill Detection and Response Agency manage oil spill in a much robust manner.

In his remarks the Senate President Senator David Mark tasked regulating agencies to sit up stressing that the problem of oil spills could be tackled if all the relevant authorities are patriotic.

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