Business
‘The Current PIB’ll Create More Problems’
A political activist, Dr. Nnamdi Onochie, says the Petroleum Industry Bill (PIB) passed by the National Assembly (NASS) will bring more problems to Nigeria than resolving them.
Onochie told newsmen in Abuja yesterday that the PIB in its current form had been fashioned to divide Nigeria the more, with the reduction of royalties payable to oil-bearing communities in the Niger Delta.
The Tide recalls that on July 1, NASS passed the PIB after 20 years, setting the tone for the legislation to be exploited in the effort to revamp the nation’s petroleum industry.
“The consequence of the bill is that it will increase irredentist agitations, vandalism of oil installations, bunkering, revenue loss and endemic militancy in many oil-bearing communities in the resource-rich Niger Delta.
“The PIB has taken about 20 years to be worked to become law; now it is designed and destined to divide Nigeria even more. This should not be because it’s wrong to create more problems in a bid to solving the problems.
“How can we justify the view that passage of pipelines through a community is equivalent to actual exploration or extraction of oil and gas; hosting production facilities or actual production?’’
According to him, once assented to by the president, the PIB will become another instrument of division, oppression and disunity in Nigeria, especially in Niger Delta communities.
“I urge distinguished senators and honourable members to revise the PIB or better still defer it to the moment when restructuring will further unite and strength Nigeria”, he said.
“This is because if the gold currently being extracted commercially in Zamfara and Osun States is transported by road and airplanes, does it make states along the passage routes gold-producing states?
“The same analogy must be extended to the new position on passage of oil and gas pipelines as basis of re-categorisation of oil producing communities. Truth should guide our actions and consciences to the glory of God and our fatherland,” he said.
On the Electoral Act Amendment Bill, he described the rumoured stoppage of electronic transmission of voting results before the final stage collation as a fraud against democratic ethos.
He also criticised what he termed the effort to hike campaign funding to billions of naira, whereas it had been impossible since 1999 to control the influence of money politics in Nigeria.
“The impression now is that INEC is being tele-guided by unseen hands to thwart the will of Nigerians during the 2023 general and elections,’’ he said.
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