News
Passage Of PIGB Excites Rivers Stakeholders
The passage of the first lap of the much-awaited Petroleum Industry Governance Bill (PIGB), last Thursday by the Senate has been described as an exciting development by some stakeholders who spoke on the issue, yesterday, in Port Harcourt.
Youth of oil-rich Niger Delta region said the passage has proved that the present Senate, unlike the previous ones, consider the interest of Nigerians.
Speaking under the umbrella of the Niger Delta Youth Coalition (NDYC), the youth said, “though the action of the Upper Chambers has been long awaited”, but added that this will speed up chains of positive actions by players in the petroleum industry.
National Co-ordinator, NDYC, Prince Emmanuel Ogba, commended the Dr Bukola Saraki-led Senate for its action, and appealed to the House of Representatives to compliment the Senate by also passing the bill, just as he urged the National Assembly to speed up the passage of the next aspects of the bill.
Also speaking, the Executive Director, Foundation for the Conservation of the Earth (FOCONE), Patrick Chiekwe, said the passage of the bill would give legal impetus to issues of environmental degradation caused by oil spill.
Chiekwe lauded the Senate, and noted that the delay in the passage of the bill had negatively affected the socio-economic life of the people in oil producing communities.
The executive director said oil producing communities which had suffered so much as a result of pollution and marginalization in the petroleum sector were eager to see the passage of other aspects of the bill, particularly the lap that would address the issue of 10 per cent equity share for oil producing communities.
Speaking in similar manner, a public affairs analyst, Mr. Bon Obilor said, “at least, we can see some positive changes. We can see progress and signs that those in the National Assembly are feeling the pulse of the people”.
He said the delay in the passage of the bill has held back so much investments, which investors had moved to other African nations.
“Petroleum is the life-wire of the nation; so, one had expected that such a legal framework would have been treated as a mark of urgency and priority. But unfortunately, it had to be delayed for over a decade because of misguided interest”, he said, and commended the Bukola-led Senate for making a change.
Meanwhile, the Petroleum Industry Governance Bill (PIGB), was finally passed last Thursday, during plenary by the Senate, 12 years after its introduction as the ‘Petroleum Industry Bill (PIB).
The passage followed the final consideration and adoption of the report of the Senate’s Joint Committee on Petroleum, Upstream, Downstream and Gas
The bill, which was introduced by Sen. Tayo Alasoadura (Ondo Central) in the Eight Senate, to establish a legal framework for the creation of a more efficient, transparent, competitive and internationalized petroleum industry.
The PIGB also seeks to create a conducive business environment for the operations of the petroleum industry and overhaul the Nigerian National Petroleum Corporation (NNPC).
The passage of the bill remains a landmark achievement of the Eight Senate as the lawmakers broke the jinx that many believed had beset the National Assembly’s efforts to reform the oil industry.
The bill has been a very controversial one with allegations of the resolve of some stakeholders who felt the bill, when signed into law, will negatively affect their corrupt businesses, fighting headlong against its passage.
The Seventh Senate under the leadership of Senator David Mark, almost recorded successful passage of the bill, but controversies over multiple or different versions of the bill marred the progress and scuttled ascent of former president, Dr Goodluck Jonathan, to the bill.
According to industry analysts, Nigeria has, over the past eight years, lost over $120 billion in withheld or diverted investment due to the inability to pass the PIGB.
President of the Senate, Dr. Abubakar Bukola Saraki, who presided over the plenary, congratulated the senators for resisting all forces that worked against the bill for years, and finally passed it.
His words: “Senate’s action today culminates some 12 long years of legislative attempts to reform the petroleum sector. Now, we are a step closer to bringing better governance and transparency to Nigeria’s most important economic sector.
“Now, there is no question that the political will exists to reform the petroleum industry. The passage of the PIGB will go a long way to restore investor confidence in a sector that has great potential to be more efficient and competitive on the world petroleum market,” he said.
Saraki noted that when the PIGB is finally enforced, Nigerians would enjoy more impact of the oil resources.
“The importance and impact of this bill can never be overstated. Nigerians are ever closer to reaping the full benefits of our nation’s natural wealth.
“This means there will be greater revenue for government to invest in economic diversification, job creation, hospitals, schools and roads,” he said
It would be recalled that the House of Representatives recently completed the second reading of the PIGB, with its leadership indicating their intent to move the bill through the legislative process as efficiently as they can.
Chris Oluoh & Nneka Amaechi-Nnadi, Abuja
News
Nigerians Hit As Iran Rains Missiles On UAE
Nigerians were among more than 140 residents injured after Iran launched multiple ballistic missiles and unmanned aerial vehicles at the United Arab Emirates, at the weekend.
This raised fresh fears for thousands of Nigerians living and working in the Gulf nation.
The UAE Ministry of Defence disclosed last Saturday that its air defence systems intercepted several missiles and drones fired from Iran, describing the attack as a major escalation in the ongoing regional tensions.
In a statement posted on its official X handle, the ministry said its air defence units engaged nine ballistic missiles and 33 drones during the latest assault on March 14.
It added that the attacks left six people dead and 141 others injured, including foreign nationals.
“The UAE air defence systems on March 14 engaged nine ballistic missiles and 33 UAVs launched from Iran,” the ministry stated.
“Since the onset of this blatant Iranian aggression, UAE air defences have engaged 294 ballistic missiles, 15 cruise missiles, and 1,600 UAVs launched from Iran,” UAE added.
According to the ministry, those killed in the attacks included citizens of the UAE as well as foreign nationals from Pakistan, Nepal and Bangladesh.
“Although the authorities did not specify the exact locations where the casualties occurred, the ministry said the injured victims were from several countries, including Nigeria.
Others affected include residents from Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh and Sri Lanka.
The list also included Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, Comoros, Türkiye, Iraq, Nepal, Oman, Jordan, Palestine, Ghana, Indonesia and Sweden.
The Tide reports that this development has sparked concern among Nigerian communities in the UAE, where thousands of citizens live and work in sectors such as construction, hospitality, logistics and trade.
Data from Nigeria’s diaspora commission shows that the UAE remains one of the largest destinations for Nigerian migrants in the Middle East, particularly in the emirates of Dubai, Abu Dhabi and Sharjah.
The Nigerian government had in recent years raised concerns over the safety and welfare of its citizens in the country following diplomatic tensions and visa restrictions affecting Nigerians.
Saturday’s attacks have now heightened anxieties within the diaspora community, especially as the Gulf region faces growing military confrontations.
In its statement, the UAE Ministry of Defence said the country remained fully prepared to confront any threats to its security.
“The Ministry of Defence remains fully prepared and ready to deal with any threats and will firmly confront any attempts to undermine state security in a manner that ensures the protection of its sovereignty, security and stability, and safeguards its national interests and capabilities,” the ministry said.
In a separate update, the ministry noted that its defence systems were still actively intercepting missiles and drones.
“UAE air defences are dealing with Iranian ballistic and cruise missiles and drones,” it said.
Regional media reports indicate that the attacks form part of a wider escalation of hostilities between Iran and Western-backed forces in the Middle East.
According to Al Jazeera, Iran has continued sustained missile and drone strikes across the Gulf despite protests from neighbouring states.
The strikes were said to be in retaliation for military operations launched by the United States and Israel against Iranian positions in the region.
Tehran targeted several Gulf countries, including Saudi Arabia, Qatar and the UAE, late on Friday and into Saturday.
The attacks also caused infrastructural damage in parts of the UAE.
Meanwhile, Iran’s elite military wing, the Islamic Revolutionary Guard Corps, warned that US interests in the UAE would remain legitimate targets.
Iranian state media reported that the group issued the warning after US forces attacked Iranian-controlled islands.
The IRGC specifically mentioned ports, docks and military installations linked to the United States as potential targets.
It also urged residents in the UAE to evacuate areas around ports and military facilities to avoid civilian casualties.
Security analysts say the growing exchange of threats and strike across the Gulf could destabilise the region’s economic and aviation activities if the conflict escalates further.
Nigeria’s Ministry of Foreign Affairs has yet to issue an official statement on the incident as of the time of filing this report.
News
Fubara Swears in Five New Commissioners …Says Their Best Is Needed for Rivers Dev
Rivers State Governor, Sir Siminalayi Fubara, has charged the five new commissioners sworn-in last Wednesday to put in their best for the development of the State.
Fubara gave the charge during the swearing-in of the commissioners at the Executive Council Chambers of the Government House, Port Harcourt, last Wednesday.
This followed the successful screening of the five commissioners by the Rivers State House of Assembly, last Tuesday.
The five commissioners are Tonye Bellgam, Prof. Temple Nwofor, Dr. Peters Nwagor, Mr. Lekue Kenneth, and Sir Amairigha Edward Hart.
The Tide reports that the governor had sent nine commissioner-nominees to the Assembly for screening, but the Assembly confirmed only five nominees and rejected the nomination of four over various allegations.
Those rejected by the Assembly are Prof. Dantonye Alasia, Mrs. Charity Demua, Mr. Tamuno Williams, and Otonye Amachree.
The governor congratulated the new commissioners on their appointment, noting that their thorough screening by the Rivers State House of Assembly was a proof of their capabilities.
He urged them to deploy their wealth of experience in various fields and put the State on a fast lane of development.
“Ordinarily, I am supposed to charge you on your responsibilities and how to operate. But that has been taken care of by the screening at the Assembly.
“I believe that going through one of the most rigorous screenings, it is enough to say that for those of you who succeeded, you are fit and ready to deliver to our dear State.
“So there is no further charge. The screening was the charge, so I wish you the best as I don’t expect anything less than the best from you,” Fubara said.
News
Navy Destroys Illegal Refinery In Rivers, Intercepts Stolen Fuel In C’ River
The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal refinery site in Rivers State and intercepting suspected stolen petroleum products in Calabar, Cross River State.
The Director of Naval Information, Capt Abiodun Folorunsho, disclosed this in a statement released in Abuja, yesterday.
Folorunsho said personnel of the Nigerian Navy Ship SOROH, operating under Operation DELTA SENTINEL, destroyed a reactivated illegal refinery site at Okolomade Community in Abua-Odual Local Government Area of Rivers State.
He said the action followed credible intelligence that a previously dismantled illegal refining site had resumed operations.
According to him, an Anti–Crude Oil Theft team deployed to the location discovered that the dismantled refining oven had been reconstructed.
“Further exploitation of the area led to the discovery of additional refining equipment and storage facilities containing about 3,000 litres of product suspected to be illegally refined Automotive Gas Oil (AGO),” he said.
Folorunsho added that the illegal refining infrastructure, including ovens, storage tanks, hoses, connected pipes and newly acquired metal components used for illegal refining, was destroyed in line with operational procedures.
He said personnel of the Nigerian Navy Ship Victory, in another operation, intercepted about 3,950 litres of suspected stolen petroleum products at the Nigerian Ports Authority area in Calabar, Cross River State.
He said the interception was based on credible intelligence on suspected siphoning of petroleum products from vessels berthed at the port.
The naval patrol team, according to him, swiftly deployed to the area and traced the illegally siphoned products to a trailer park within the port facility.
“On sighting the naval patrol team, the suspected perpetrators fled the scene, after which the area was cordoned off and the illegally siphoned products secured,” he said.
Folorunsho said further inspection led to the recovery of about 3,950 litres of Automotive Gas Oil stored in drums and jerrycans, which had been evacuated to the naval base for further necessary action in line with extant regulations.
He noted that the successes aligned with the directive of the Chief of the Naval Staff, Vice Adm. Idi Abbas, to intensify operations against crude oil theft and other maritime crimes across Nigeria’s maritime domain.
Folorunsho reiterated the Navy’s commitment to sustaining the operational tempo of Operation DELTA SENTINEL through intensified surveillance, patrols and intelligence-driven operations aimed at combating crude oil theft, illegal bunkering and other forms of economic sabotage.
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