Journalists urge Buhari to assent to Petroleum Industry Governance Bill

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By Abdallah el-Kurebe, News Editor

Journalists under the auspices of the Nigeria Union of Journalists (NUJ) have urged President Muhammadu Buhari to sign the Petroleum Industry Governance Bill into law, to end uncertainly in the sector.

This was stated in a communiqué signed by the National Secretary of NUJ, Shuaibu Leman and issued at the end of a workshop on Petroleum Industry Bill Tuesday.

The workshop was organised by Facility for Oil Sector Transformation (FOSTER).

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While contending that signing the bill into law would end the regime of uncertainty in the industry and open Nigeria to the flow of investment capital, the communique also called for policy reforms in the Nigerian petroleum industry to ensure transparency and accountability in order to reposition it for global competitiveness.

NUJ resolved to push for the passage of the three remaining components of the Petroleum Industry Reform Bill which include the Petroleum Industry Administration Bill, Petroleum Industry Fiscal Bill and Petroleum Host and Impacted Communities Bill.

The journalists said they would help to highlight the gains of the bills to the nation and engage all stakeholders to ensure their passage.

“Going forward, we will endeavour to place policy reforms in the oil and gas sector in the front burner and use our different platforms to pressure the key actors in the legislative process to expedite action on the outstanding petroleum industry bills,” the communique read in parts.

The Union also pledged to partner FOSTER in the quest to ensure the actualization of the right set of frameworks needed to turn the Nigerian petroleum industry into an engine of wealth creation.

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