Fidelity bank banner UBA banner
Niger Delta leaders reject PIGB, insist on PIB

By Kelvin Ebiri, Port Harcourt on 19/07/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 701

•PANDEF Spokesperson, Chief Anabs Sara-Igbe
•PANDEF Spokesperson, Chief Anabs Sara-Igbe

Stakeholders in Niger Delta have cautioned President Muhammadu Buhari against signing the Petroleum Industry Governance Bill (PIGB), alleging that it seeks to privatise the country’s oil and gas assets and to further impoverish the people of the region.

They warned that any attempt to privatise the oil and gas assets in the Niger Delta under the guise of the PIGB would reignite the clamour for resource control. Spokesman of Pan Niger Delta Forum (PANDEF), Anabs Sara-Igbe, said the only oil reform bill that would be acceptable to the people of the Niger Delta was the original Petroleum Industry Bill (PIB) which had earmarked 10 percent equitable share for the oil producing communities.

He stated that any attempt to repeal the 13 percent derivation which is constitutional, would reignite the clamour for complete ownership of all oil and gas resources by the host communities of the Niger Delta. The stakeholders warned against plans to repeal the Niger Delta Development Commission Act and abolition of the presidential amnesty programme.

The former NNPC chief explained that PIGB, if signed into law, would drastically reduce the revenue accruable to the Federal Government, states, particularly, the oil-producing ones.

President of Ijaw Youth Council (IYC), Eric Omare, urged the proponents of the abolition of the NDDC Act to bear in mind that it is a special law aimed at tackling development challenges of the Niger Delta.

Excerpted from Guardian

Source News Express

Posted 19/07/2018 12:58:15 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Charly Boy in shock as Police stops Peace...

London court awards Ibori damages for unlawful detention...

$1bn ECA Funds: Another scandal, By David Emoche...

Removal of Land Use Act from Constitution a...

Anxiety as Boko Haram bride disappears after rescue...

Nigeria’s Adesokan sets new world record in Para-powerlifting,...

Workers issue 21-day ultimatum to Chevron

Ikpeazu meets Abia pensioners, promises regular payment

Fayose mocks Tinubu and his boys, says: ‘I’ve...

Ayade urges Buhari to re-integrate Bakassi victims

Nigeria Police launches PR School in bid to...

Ali: Refuse to be defined by others, by...

 

Latest News 2019: Jonathan endorses Atiku/Peter Obi ticket, makes passionate appeal to South East PDP Atiku bombs Buhari over travel ban Shooting at toddler’s birthday party leaves four dead 20 killed in Edo cult clash Polytechnic lecturers accuse FG of intimidation, issue 21-day strike notice VP slot: Ebonyi residents, Igbo groups laud Atiku’s choice of Obi Middle-aged man in police net for defiling 12-year-old girl 2019 Election: PDP panicking over imminent defeat in Akwa Ibom — APC Troops kill armed bandits, destroy kidnappers’ camp in Kaduna Arewa Consultative Forum dissociates self from attack on Obasanjo Group tasks Buhari, demands probe of Obono-Obla’s alleged certificate forgery NIMASA Boss reassures international community of security on Nigerian waters

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (406,210 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (381,998 views) Shameless Genevieve Nnaji exposes breasts in public (314,348 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (256,121 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (237,089 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (224,123 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (203,852 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (185,338 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (169,840 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (165,730 views) Lagos plane crash: Journalist releases victims’ names (161,278 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (149,125 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (67) Business & Economy (3,678) Business Verdict (52) Columnists (945) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (558) Features (658) Global Business Monitor (304) International (2,527) Interview (165) Live Commentary (28) Love Matters (145) News (39,600) Opinion (1,122) Pidgin (13) Politics (7,207) Religion (880) Sports (1,730) Stock Watch (35) AMA & Al Jazeera Global Update

 

Zenith Zero Balance

NLNG Expression of Interest banner

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Fulham vs Arsenal 1-5 All Goals & Extended Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement