MPs SUPPORT LAW CHANGE TO DRIVE PETROLEUM INVESTMENT

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Debate on the Petroleum Amendment Bill resumed in the National Assembly, with MPs supporting the bill pointing out that the draft legislation will improve oversight, attract investment and support local content and skills development.

Swapo MP Tuulikki Abraham backs petroleum amendment bill

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Swapo Party MP Tuulikki Abraham has backed the Petroleum Amendment Bill, saying parliament must align existing laws with the Executive's decision to shift certain petroleum oversight powers to the Presidency.

Sole support for Petroleum Bill sparks parliamentary uproar

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The debate on the Petroleum Amendment Bill took an unexpected turn in parliament, with the Namibia Economic Freedom Fighters (NEFF) being the only opposition party supporting the bill.

This stirred up some commotion in the house. 

MPs debate Petroleum Amendment Bill in National Assembly

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It was a back and forth in the National Assembly as MPs discussed the Petroleum Amendment Bill.

Most MPs from the opposition opposed the bill, citing the president's oversight over the unit as a sign of lack of confidence in the line ministry.

Kapofi tables Petroleum Bill to strengthen oversight

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The Minister of Industries, Mines, and Energy, Frans Kapofi, has proposed tabling the Petroleum Amendment Bill, aimed at establishing an upstream petroleum unit as well as introducing measures to strengthen fiscal transparency and accountability.