The Presidency has claimed President Muhammadu Buhari bowed to the wishes of majority, by signing into law of the Petroleum Industry Bill (PIB).
Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, stated this in an interview with Punch.
Shehu told critics of the new law that it was still open to amendments.
Stakeholders had kicked against the three per cent approved in the new petroleum law by the National Assembly for the oil-bearing communities.
The Senate had earlier approved three per cent for the oil-bearing communities, while the House of Representatives approved five per cent.
But despite the opposition from the Niger Delta, Buhari signed the bill on Monday.
Shehu said, “The law is the making of all Nigerians and not the President alone. It is not cast in stone; it can be changed.
“As we move forward, there can even be more aspects of the law that recommend themselves to review.
“Nothing in that law is cast in stone. On a need basis, the law can be revised and if need be, amended.
“Even the constitution of the Republic is today undergoing a review. Let us give peace a chance and work through the democratic process to get what we want.”
Shehu added that the new law had a more positive value for the country.
He said by signing the law, the President was not being insensitive, but responsive to the yearnings of Nigerians.
“The President is not being insensitive. Instead, he is being responsive to the yearning of the majority of Nigerians,” he stated.