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Reps Set To Pass PIB In April
The Speaker, House of Representatives, Hon Femi Gbajabiamila says the lawmakers plan to pass the Petroleum Industry Bill (PIB) by April.
Gbajabiamila made the announcement while speaking at a public hearing on the Bill, organised by the House ad-hoc Committee on PIB on Wednesday in Abuja.
He said that the oil industry had been performing below expectations due to the absence of national legislation.
According to him, it is disappointing and frankly difficult to explain how successive governments have failed to deliver on the reform.
“This public hearing allows all stakeholders to contribute to the Bill for an Act to provide legal, governance, regulatory and fiscal framework for the Nigerian Petroleum Industry, the development of host communities, and for related matters.
“It is an opportunity for all of us to collaborate to improve this Bill, so when it becomes law, it will serve the best interests of all our people.
“The process of engaging with stakeholders will continue beyond this public hearing to accommodate the diversity of interests and ensure all critical views form part of the deliberations that inform the final legislation.
“We must first make sure our oil and gas industry is more productive, more efficient and more profitable at a time of declining global profitability,” he said.
Gbajabiamila explained that the PIB, when passed would address peculiar and localised concerns in ways that will allow the oil and gas industry to compete more effectively globally.
He said that Nigeria would borrow from what had worked for other countries and implement uniquely to suit the current needs locally.
The lawmaker said that the PIB was a necessary step towards reorganising the sector to respond to the new global reality of decreasing demand and the diminished profitability of fossil fuels.
“Our assignment here is first to ensure Nigeria’s oil and gas industry operates optimally for the benefit of all Nigerians.
“Then we must see to it that the industry generates the resources we need to prepare Nigeria for a future when fossil fuels are worth even less than they are now.
“Other countries have woken to the challenges of the new dynamics in the international market for crude oil and natural gas.
“Some have begun to adapt to these new realities, whilst others have already done so; so, my charge to everyone that will be participating is not to close our minds or our ears to the views and the positions that may be advanced by various interest groups.
“We are in a world, an economic world, so there must be interest groups, they will be interest groups and we cannot deny that.
“But what should guide the outcome of what we do here as we accommodate more views will be what will be in the best interest of the people,” he said.
Minister of State for Petroleum Resources, Chief Timipre Silva, expressed happiness that the Bill was about to be passed after 20 years of its introduction.
He said that both chambers of the National Assemble have shown sustained determination to pass the Bill.
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari said that crude oil would still be relevant in the world in the next 30 years.
He said that the passage of the Bill would ensure the needed vigour and transparency that would in turn engender productivity in the petroleum industry.
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JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.
In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.
The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.
According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”
Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.
“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.
Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.
“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.
Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.
He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.
The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.
“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.
Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.
“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.
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Fubara Reaffirms Commitment To Peace, Development
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed the unwavering commitment of his administration to peace, unity, security, and inclusive development as Rivers State marked its 59th anniversary, last Wednesday.
In a goodwill message issued on Wednesday to commemorate the anniversary, Governor Fubara stated that despite the challenges faced over the years, the people of Rivers State have continued to demonstrate resilience, strength, and an enduring spirit of unity that has sustained the state since its creation.
The Governor noted that the strong bond of brotherhood among the various ethnic nationalities of the state, including the Ijaw, Ikwerre, Ogoni, Etche, Ekpeye, Andoni, Kalabari, and others, remains one of Rivers State’s greatest strengths and a critical foundation for peace, stability, and progress.
He further observed that Rivers State has remained a major driver of Nigeria’s economy for decades, not only because of its abundant oil and gas resources, but also because of the exceptional contributions of its people across diverse sectors including academia, jurisprudence, business, entertainment, public service, and sports.
Governor Fubara assured the people that his administration will continue to prioritize policies and programmes that promote peace, protect lives and property, and expand development across all parts of the state. He emphasized that governance must be people centered and impactful, with equal attention given to every Local Government Area of the state.
The Governor also paid tribute to the elders and founding leaders of the state for preserving the spirit of unity and coexistence over the years, while urging the youths to remain hopeful, responsible, and actively committed to building a greater Rivers State through innovation, hard work, and patriotism.
He equally acknowledged the invaluable role of women in strengthening families, communities, and society, describing them as indispensable partners in the continued growth and stability of the state.
Governor Fubara called on all Rivers people to use the occasion of the anniversary as a moment of reflection and renewed commitment to peaceful coexistence, mutual respect, dialogue, and collective progress, stressing that the unity and future of Rivers State must always rise above personal interests and political differences.
Rivers State was created on May 27, 1967, by General Yakubu Gowon.
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