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
The Organised Labour yesterday, called on the Federal Government to ensure inclusiveness in policy making and guide against erosion of rights, such as free speech and association.
The President, Nigeria Labour Congress (NLC), Mr Joe Ajaero made the call at the 2025 Workers’ Day celebration held at the Eagle’s Square, Abuja.
The Tide source reports Ajaero and the President, Trade Union Congress, Mr Festus Osifo delivered a joint statement on behalf of the organised labour at the event.
Ajaero described May Day as, not only a moment to honour workers’ sacrifices, but also a platform to demand justice and accountability from those in public office.
He frowned at the alleged suppression of protests, and the erosion of rights of workers by some agents
According to him, workers have a duty to resist economic injustice, insecurity, and policies that undermine their dignity.
Speaking on the theme of the day, the NLC President underscored the need for Nigerian workers to reclaim the civic space and resist policies that contribute to worsening economic conditions.
“Our theme this year – “Reclaiming the Civic Space in the midst of Economic Hardship – reflects the urgent need for citizens to protect democracy and push back against repression.
“The civic space, where Nigerians express their concerns and challenge injustices is shrinking.
“If we fail to reclaim this space, the foundation of our democracy risks collapse,” he said
Ajaero, therefore, urged workers to unite and resist division, fear, and despair.
He also urged them to mobilise and organise for change, declaring that the right to demand better conditions is non-negotiable.
“Without workers, there is no society; without labour, there is no development. We must take our place in the fight for economic justice and democratic governance.”
Speaking in the same veins, Osifo said workers are the backbone of the nation—the educators, healthcare providers, builders, farmers, and innovators who sustain its economy -.
He stressed the need for the labour to reclaim the civic space even in the midst of economic hardship.
The Joint Admissions and Matriculation Board (JAMB) has disassociated itself from a fraudulent site requesting payments from candidates who missed the ongoing 2025 Unified Tertiary Matriculation Examination (UTME).
The board said that the site, “Copyrightwriter Personal J Rescheduling Flw” and account number 8520641017 at Sterling Bank, associated with it, are scam.
The disclaimer is contained in a statement made available to newsmen in Abuja on Thursday by the Board’s Public Communication Advisor, Dr Fabian Benjamin.
Benjamin said the account is being exploited to defraud unsuspecting candidates who missed their UTME.
“We issue this urgent notice to inform the public about this nefarious scheme targeting candidates who were unable to participate in the UTME.
“Some unscrupulous individuals are deceitfully soliciting payments of N15,700 under the false pretence of offering rescheduling services for the examination.
“Let us be unequivocal: this, it is a blatant scam, and we are confident that the public will not fall prey to such cheap and regressive tactics.
” The individuals behind this scam have no affiliation with JAMB or any legitimate government agency.
“The account details provided in these communications are entirely fictitious and bear no connection to any official processes; they exist solely for the purpose of perpetrating fraud,” he said.
Benjamin called on Sterling bank to take immediate and decisive action against this criminal activity.
According to him, JAMB has reported the matter to the relevant security agencies and actively pursuing those responsible for this deceitful act.
He further said that “JAMB does not reschedule examinations for candidates who miss their scheduled tests due to reasons unrelated to the Board’s actions”.
He, however, said that the Board is conducting a thorough investigation for candidates whose biometrics failed during verification and were thus unable to sit for the examination.
He said those without discrepancies would be invited to retake the examination at no cost , stressing that “no cost is required”
“It is imperative to understand that JAMB does not charge any fees for examinations after a candidate has completed their registration.
“We strongly urge all candidates to remain vigilant and not to succumb to these fraudulent schemes.
“Protect yourselves and report any suspicious activity immediately,” he explained.
The Niger Delta Development Commission (NDDC) has expressed its willingness to partner with the United Nations (UN) to accelerate the development of the Niger Delta region.
Dr Samual Ogbuku, Managing Director of the NDDC, made the appeal in a statement issued by the commission’s Director of Corporate Affairs, Mrs Seledi Thompson-Wakama, in Port Harcourt on yesterday.
According to the statement, Ogbuku sought the UN’s support during his visit to the UN Resident and Humanitarian Coordinator (UNRHC), Mr Mohammed Fall, at the UN regional office in Abuja.
He called on the global body to provide the NDDC with technical assistance and expert services to support the region’s development.
“We are eager to collaborate with the UN, recognising that the state governments in the region and the NDDC alone cannot achieve the level of regional development required,” he said.
Ogbuku identified key areas where support would be needed, including the provision of portable and affordable drinking water powered by high-tech solar energy sources.
He also highlighted the importance of reforesting the mangrove swamps, which have been severely damaged by decades of environmental degradation caused by oil exploration in the Niger Delta.
“Although the NDDC has made progress in providing solar-powered streetlights across the region, we still require UN support in delivering solar energy solutions for residential buildings.
“We also wish to explore the possibility of installing solar mini-grids in homes across communities, which would boost local commerce and trade,” he added.
The NDDC managing director further appealed for increased UN involvement in areas such as healthcare, education, youth training, gender development, and food security.
Ogunku stated that such interventions would significantly enhance the standard of living in the region.
In response, Fall affirmed the UN’s readiness to collaborate with the NDDC to fast track development in the Niger Delta.
He assured that the UN would support initiatives in food security, job creation, education, and renewable energy, among other areas.
“We aim to approach development in the Niger Delta holistically, rather than focusing solely on environmental pollution.
“This is merely an entry point; however, the UN’s development vision aligns with the Sustainable Development Goals (SDGs), which are designed to positively impact various aspects of people’s lives,” Fall stated.
He assured the NDDC of continued and fruitful engagements to drive the region’s development.
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