Petroleum Industry Bill: Bayelsa Governor Rejects 2.5 Percent Revenue Proposed For Host Communities

Share and discuss local Naija and international breaking news and major news plus current affairs from the world scene.
Comment
User avatar
Deon
VIP VIP
Location: Some where in Nigeria
 

March 2nd, 2021, 9:14 pm

Bayelsa State Governor, Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill (PIB) is grossly inadequate and unacceptable to the people of the Niger Delta.
Diri stated this on Tuesday during a town hall meeting on the bill with members of the National Assembly and stakeholders in Yenagoa.
The governor, who proposed that 10 per cent be provided for host communities, contended that if National Assembly members see firsthand the level of environmental degradation and its attendant effects on the people, they would not hesitate to make it more than 10 per cent.
Governor Diri, in a press release by his Chief Press Secretary, Mr Daniel Alabrah, stressed that the PIB was critical in addressing issues such as unemployment, lack of transparency in the oil and gas sector, militarisation of oil production, skills acquisition and marginalisation of oil-rich states.
He said: "I restate our earlier submission that the 2.5 per cent proposed for the oil producing communities is grossly inadequate and unacceptable to us as a people. In our proposal to you, we asked for 10 per cent for the host communities.
"When you visit some of the sites where oil is being explored; that bring multi-million dollars to this country, you will even agree with me that we should increase it further from 10 per cent.
"This PIB would cure the unemployment that the oil producing communities cry about. This bill would create jobs, accelerate skills acquisition and remove the opacity that we are seeing today in the oil and gas industry. The whole industry is shrouded somehow in secrecy."
Diri, who decried the undue delay in the passage and implementation of the bill for about 14 years, urged members of the National Assembly to ensure its passage to engender peace and development in the region and the country as a whole.
"If this bill had been passed, billions of naira used in safeguarding oil facilities would have been deployed for development purposes."
He expressed regret that oil communities that bear the brunt of oil production were given no consideration while multinational oil companies and the Nigerian government were given more attention in the bill, stressing that such a situation was not in the interest of the people.
In his speech, Deputy Chairman, House Ad Hoc Committee on Petroleum Industry Bill, Victor Nwokolo, said the PIB was from the executive arm, aimed at reforming the oil and gas industry.

http://saharareporters.com/2021/03/02/p ... posed-host

Please share...

An eye for an eye left thousands blind,
remember that......
User avatar
Deon
VIP VIP
Location: Some where in Nigeria
 

March 2nd, 2021, 9:16 pm

And yet the North control their gold
An eye for an eye left thousands blind,
remember that......
suredavid
Newbie
 

March 3rd, 2021, 12:12 am

Ok nice one good thing about it is that you
User avatar
Gloria50
VIP VIP
Location: Enugu, Nigeria
 

May 7th, 2021, 12:30 pm

Really
Telephone
User avatar
Coded20
VIP VIP
Location: Ondo
 

July 7th, 2021, 7:17 pm

Issookkay oooo
No Love💔 In The City Just Make Money🤑 And Pray Not To Die Young🙏
Bash888
Senior
Location: Kontagora
 

July 25th, 2021, 3:02 pm

Thanks for the update
Bash888
Senior
Location: Kontagora
 

July 25th, 2021, 5:36 pm

Thanks for the update
Comment
  • Information
  • Online

    Users browsing this section: No members and 0 guests