A member of the National Assembly, Sen. Clifford Odia, has said that the Senate will soon pass the Petroleum Industry Bill.
Odia, representing Edo Central on the platform of the Peoples Democratic Party, gave this assurance on Monday in Auchi, the headquarters of Etsako-West Local Government Area of Edo State.
The lawmaker assured the people of the Niger Delta that the Senate was working assiduously to ensure that the people of the South-South geopolitical zone heaved some sighs of relief with the passage of the bill.
He said, “There are so many of them, but talking about the Petroleum Industry Bill (PIB), that will be passed very soon. That has to do with the operations of the Nigerian National Petroleum Corporation (NNPC) and their subsidiaries.
“And of course, as a Senator from the Niger Delta, who believes that the bill is indeed very important to our people, for the oil industry to become very well structured, so that our people can benefit maximally, that is the very one that is so dear to my heart.’’
Odia said that the passage of the bill would give way for a proper restructuring of the industry, adding that the people of Niger Delta would benefit maximally from it.
“The bill seeks to address all governance-related issues in Nigeria’s oil and gas sector.
“We need an NNPC that will be smooth and commercially oriented, that can run efficiently and make money,” he said.
The lawmaker said that the country could not afford any further delay in its efforts at reforming the oil and gas industry, saying that it was, therefore, expedient to pass the bill.
“I am very much sure that the bill will be passed in record time so that the people of the Niger Delta can get a sigh of relief that all those problems with oil production would be reduced, so as to give way for the development of the region,’’ he added.
