Home News IYC Sues For Urgent Enactment of Petroleum Industry Bill
News

IYC Sues For Urgent Enactment of Petroleum Industry Bill

Share
IYC Sues For Urgent Enactment of Petroleum Industry Bill | Daily Report Nigeria
Rt Hon Frank Pukon
Share

Writes PMB, National Assembly

The Ijaw Youth Council (IYC) has called on President Muhammadu Buhari and the National Assembly to swiftly pass the Petroleum Industry Bill to law without further delay.

Secretary General of the apex body of all Ijaw youths across the world, Rt Hon Frank Miebi Pukon made the call on Monday, saying the bill “will address social and economic hardship in the Niger Delta.”

NDDC Petitions IG, Calls For Prosecution of Defaulting Contractors

Pukon maintains that the establishment of the Bill is one of the sure fire ways President Buhari can restore permanent peace in the volatile region.

The revered activist cum politician insists that the PIB with “genuine policy formulation will harmonize Niger Deltans and facilitate the region’s economic growth.”

Pukon further beckoned on the 9th Assembly to exercise it’s sacred obligations in implementing laws that will benefit the social and economic prosperity of its citizens,” the Niger Delta in particular.

Pukon’s statement reads in full;
“One of the areas, the Buhari presidency can restore permanent peace in the Niger Delta region, is to address environmental degradation, in the Niger Delta to enhance social and economic prosperity.”

“The Petroleum Industry Bill, nonetheless, is another pertinent legislative piece that will address the region’s social and economic adversities and proffer lasting peace to the region.”

“Put simply, it is about genuine policy formulation, that will harmonize Niger Deltans and facilitate the region’s economic growth.”

“That is why in different forums, I have advocated for the Petroleum Industry Bill to be enacted because it will no doubt address many of the economic woes bedeviling the Niger Delta.”

“It was 2008, (12 years ago) the Petroleum Industry Bill began its journey under the regime of President Umaru Yar’Adua.”

“This bill, which seeks to establish a legal and regulatory framework for institutions, authorities, stakeholders, and host communities by establishing guidelines for national development.”

“However, the debate on the PIB is long overstretched and should have been concluded by now, the continuing non-passage of the bill has seen Nigeria incur losses from regulatory uncertainty in the oil and gas sector where host communities have become marginalized and are not given the fair share.”

“So, I want to use this medium to once again call on the 9th National Assembly to pass the PIB, which will reposition the industry and engage host communities in the Niger Delta.”

“It is a sacred obligation for lawmakers to implement laws that will benefit the social and economic prosperity of its citizens.”

“This is the global practice for all parliaments worldwide and Nigeria apparently is not excluded,” he added.

Share
Written by
Tare Magbei -

With more than five years of covering different topics, Tare Magbei is a versatile journalist.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
TikTokers Arrested, Jailed Over Illicit Contents In Kano | Daily Report Nigeria
News

TikTokers Arrested, Jailed Over Illicit Contents In Kano

A court of law in Kano state has got many talking, after...

UNILORIN Disburses ₦372.28 Million in Loans to 2,973 Students | Daily Report Nigeria
News

UNILORIN Disburses ₦372.28 Million in Loans to 2,973 Students

The University of Ilorin has disbursed ₦372.28 million in loans to 2,973...

Obasa takes his seat as the re-elected Speaker
NewsPolitics

Power Pass Power? Obasa re-elected as Speaker, Mojisola reisgns

Impeached speaker Obasa returns as Speaker of Lagos State House of Assembly....

Fulham Strongly Disapproves Horrible Online Abuse Directed at Calvin Bassey | Daily Report Nigeria
NewsSports

Fulham Strongly Disapproves Horrible Online Abuse Directed at Calvin Bassey

Fulham’s Strong Stance Against Racist and Homophobic Abuse. Premier League and Kick...