IPMAN commends NASS for inclusion of PEF in PIB



The Independent Marketers Association of Nigeria (IPMAN) has commended the National Assembly for the inclusion of the Equalization Fund (PEF) in the newly passed Industry Bill (PIB).


Relations Officer (PRO) of IPMAN, Yakubu Suleiman, gave the commendation on Sunday in a statement in Abuja.
 
Suleiman said the legislative arm of government had demonstrated that it was sensitive to the yearnings of majority of Nigerians for a  permanent solution to the energy problems in the country.


He said the entire content of the bill as passed by the Senate would serve as a catalyst for the inflow of the much desired foreign direct investment  to boost the economy.


“The much awaited Industry Bill has come to ease Nigerians of the pains that necessitated the call for the Bill in the first instances.


“We with great delight that this bill, when passed into law, would further solidify our for the deregulation of the industry as a policy of government that would allow Nigerians to reap the full of and gas which has been the greatest gift from nature to the country.


Suleiman said if signed into law by President Muhammadu Buhari, the PIB would change the landscape of the industry positively and reduce the on foreign loans to execute the nations’ budgets.


He thanked the National Assembly under the leadership of the Senate President, Ahmed Lawan, and the Speaker, House of Representatives, Femi Gbajabiamila, for presenting Nigerians with the tangible dividend of democracy.


Suleiman promised the unflinching of IPMAN towards obeying “every section of the law that would require us to make life easy for Nigerians.” (NAN)