The pioneer Chairman of the All Progressives Congress (APC), in Bayelsa State, Tiwei Orunimighe, has commended President Muhammadu Buhari, the Minister of State for Petroleum Resources, Chief Timipre Sylva and members of the National Assembly for the passage of the Petroleum Industry Bill (PIB).
Oruminighe in a statement he signed in Yenagoa on Friday said the feat, which came after many failed attempts, that spanned over 20 years, was worthy of celebration.
Describing Sylva as a tactician and silent achiever, the APC stalwart, said when signed into law by President Muhammdu Buhari, the passed PIB would open a new chapter in the oil and gas industry in Nigeria.
He said the passage of the PIB would raise investments in the sector, increase the revenue base of the country and increase community participation, inclusion and development.
PIB bill passed into law amid sharp division over 5% for host communities
Oruminighe noted that Sylva had worked tirelessly to reverse the negative trends in the oil and gas sector, increased premiums in the gas sub-sector opened up the African market to collaborative backwards and forward integration in products development and sales since his emergence as a minister.
” Sylva also facilitated the take-off of the Train – 07 Liquefied Natural Gas (LNG) project in Bonny, Rivers State while the signing of the Investment Decision for the rehabilitation of the Port Harcourt refinery, the Brass LNG Project, the renewed push for Local Content development and management amongst others set Sylva apart from many others before him” he said.
Orunimighe commended President Muhammdu Buhari for giving Sylva the necessary support and latitude to turn around the oil and gas sector and urged the President to sign the PIB into law and put his name in the hearts of the people of the Niger Delta region.
He further commended the 9th National Assembly, led by Ahmed Lawan for the boldness and commitment to the passage of the PIB.
Orunimighe expressed profound commendations to the Deputy Senate President, Sen. Ovie Omo-Agege, the Speaker, House of Representatives, all senators and members of the House of Representatives for their zeal and robust engagements that culminated in the passage of the PIB.
PIB: There is enough oil in the North that can address poverty in Nigeria – Sultan
Crime4 days ago
EXPOSED!! How Abba Kyari Flew To Dubai To Spend Good Time With Hushpuppi (See Details)
National5 days ago
EXPOSED!! How Hushpuppi Allegedly Bribed DCP Abba Kyari With Billions Of Naira (See Details)
National7 days ago
Nnamdi Kanu Charges Nigeria, Kenya To International Tribunal, Demands Freedom
News6 days ago
“I Will Rather Die Than Surrender An Inch Of Benue Land To Fulani” – Ortom
National5 days ago
Presidency Reacts As US Lawmakers Stop $875m Arms Sale To Nigeria
News7 days ago
Man Beats Lover To Death Over Phone Charger In Abuja
Sports7 days ago
Jonathan Reveals Intention As He Sets Up Sports Club
News2 days ago
BURSTED!! More Trouble For Abba Kyari, As His Younger Brother Was Spotted Pulling Hushpuppi’s Stunt On IG (See Photos)