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PANDEF rejects PIB, demands immediate reversal of allocation of 30% of profits for further frontier oil exploration in the north

Published

3 years ago

July 5, 2021

FORMER Federal Commissioner for Information and the leader of the Pan-Niger Delta Forum (PANDEF), Chief Edwin Clark on Monday described the newly passed Petroleum Industry Bill (PIB), ready for harmonization as satanic, unjust, embarrassing..

Clark, who is also the South-South and Southern and Middle Belt Leaders Forum (SMBLF) leader said that the passed PIB has dashed the hope of the people of the Niger Delta.

The Elderstateman who condemned in very strong terms, the provision and allocation of 30% of profits for further frontier oil exploration in the north and that it was fraudulently, declared that the region has had enough of the colonial oppression and will be resisting it.

Clark who was represented at a press briefing in his Asokoro residence, Abuja by PANDEF’s National Publicity Secretary, Ken Robinson, said that the PIB passed does not reflect the long clamour by the people of the region for equity, fairness and justice.

In the letter to the President of the Senate, Senator Ahmad Lawan and the Speaker, House of Representatives, Femi Gbajabiamila, the South-South leader demanded that the bill as passed be reversed hence the Niger Delta will take their destinies in their hands and deny International Oil Companies (IOCs), entry into the region.

The two chambers of the National Assembly last week Thursday passed the PIB, after about 13 years of legislative fireworks.

The bill was first sent to the National Assembly in 2008 by President Umaru Yar’Adua, now deceased, without translating it into an Act.

The PIB, 2020 seeks to introduce far-reaching reforms in the Nigerian oil and gas industry.