Niger Delta
PIB: Urhobo Union Demands 20% Share For Oil Communities
A socio-cultural group in Nigeria, the Urhobo Progressive Union (UPU), has weighed in on the outrage over the Petroleum Industry Bill (PIB) recently passed by the National Assembly.
One of the contentious portions in the bill is the percentage of share to be allocated to oil producing communities.
While the House of Representatives recommended 5 per cent as equity holding for the host communities, senators pushed for 3 per cent.
The original bill brought to the Senate by the Executive was 2.5 per cent for the funding of the Host Communities Trust Fund.
The Urhobo Progressive Union in a statement last Monday said anything less than 20 per cent was unacceptable.
“The UPU hereby joins the Oil-Bearing Host Communities in rejecting the 3% granted to Oil-Bearing Host communities and Pipe-line Bearing Host Communities and restates our demand for a minimum of 20%.
“We reject the indistinct omnibus definition of host communities and other aspects of the bill,” the group said in the statement signed by its President-General, Joe Omene.
The group described the bill passed separately by both chambers of the National Assembly as “a pregnant elephant that delivered a mouse.”
It said it was an unjust legislation meant to “deprive and enslave the people of the Niger-Delta of their God given resources.”
The group urged federal lawmakers from southern Nigeria to boycott a joint session where the bill would be passed.
“If they participate in that joint session to pass it, history shall record it and so shall all those who participated shall be remembered by history,” Mr Omene said.
A former minister, Edwin Clerk described the bill, as passed, as “satanic and unjust”, and said oil companies may be stopped from their production activities if the percentage of revenue allocated to oil communities is not reviewed upward.
Southern governors in their meeting on Monday in Lagos rejected the three per cent proposed for the host communities; they said five per cent share would have been better.
Senate set up PIB harmonisation committee
Meanwhile, the Senate President, Ahmad Lawan, on Tuesday, set up a seven-member committee in the Senate to meet with the House of Representatives for the harmonisation of the different versions of the bill passed by both chambers.
According to a report by Punch newspaper, the committee is headed by the Senate Leader, Yahaya Abdullahi (APC, Kebbi North).
Other members are Sabo Nakudu (Jigawa), Albert Bassey (Akwa Ibom), Danjuma Goje (Gombe), Opeyemi Bamidele (Ekiti Central), Stella Oduah ( Anambra), and Gabriel Suswan (Benue).
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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