{"id":31815,"date":"2021-07-03T04:46:41","date_gmt":"2021-07-03T03:46:41","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=31815"},"modified":"2021-10-07T00:43:16","modified_gmt":"2021-10-07T00:43:16","slug":"group-praises-pib-as-pointer-to-nigerias-journey-to-greatness","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/group-praises-pib-as-pointer-to-nigerias-journey-to-greatness\/","title":{"rendered":"Group praises PIB as pointer to Nigeria\u2019s journey to greatness"},"content":{"rendered":"<p>The Niger Delta People\u2019s Movement (NDPM) on Friday described the passage of the Petroleum Industry Bill by the National Assembly as a pointer to Nigeria\u2019s path to greatness and development.<br \/>\nThe Chairperson of NDPM, Mrs Ibifuro Tatua, in a statement in Lagos applauded the National Assembly, President Muhammadu Buhari and the Minister of State for Petroleum, Chief Timipre Sylva, for the feat.<br \/>\nHighlighting the PIB\u2019s gains, Tatua said passage of the bill by the ninth assembly remained another benchmark for ensuring transparency and accountability in the oil and gas industry.<br \/>\nShe said: \u201cWe see a country on the point of incredible achievement and advancement.<br \/>\n\u201cThe passage of the complete version of the PIB is another landmark of President Buhari\u2019s administration.<br \/>\n\u2018\u2019It is a good development that is capable of yielding a beneficial outcome.\u201d<br \/>\nShe commended efforts of President Buhari, Sylva and the ninth assembly in repositioning of Nigeria\u2019s oil and gas industry.<br \/>\nTatua added: \u2018\u2019This is another benchmark set in Nigeria, in a crucial sector that is key to Nigeria\u2019s economic growth and stability.<br \/>\n\u201cThe passage of the PIB will help the business image of Nigeria in the international scene.\u201d<br \/>\nShe said the passage rekindled the region\u2019s hope in the ability of stakeholders in the oil and gas sector to take full advantage of the current development.<br \/>\nThe chairperson underscored global competitiveness and best practices, restructuring of institutions and local and foreign investments.<br \/>\nShe also implored the Federal Government to make the best of the PIB.<br \/>\nTatua said the bill gave the international community an assurance that \u2018\u2019Nigeria has provided a strong legal and policy framework as well as an enabling environment for investments.\u201d<br \/>\nShe emphasised the commercialisation of the Nigerian National Petroleum Corporation establishment of new regulatory bodies and three per cent profits from oil companies to host communities.<br \/>\nThe News Agency of Nigeria (NAN) recalls that the Senate on Thursday passed the long-awaited Petroleum Industry Bill.<br \/>\nThis followed approval of recommendations of the report of the Senate Joint Committee on Petroleum, (Downstream,) Petroleum (Upstream) and Gas at plenary.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-31815\" data-postid=\"31815\" class=\"themify_builder_content themify_builder_content-31815 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>The Niger Delta People\u2019s Movement (NDPM) on Friday described the passage of the Petroleum Industry Bill by the National Assembly as a pointer to Nigeria\u2019s path to greatness and development. The Chairperson of NDPM, Mrs Ibifuro Tatua, in a statement in Lagos applauded the National Assembly, President Muhammadu Buhari and the Minister of State for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[351],"class_list":["post-31815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-pib","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Group praises PIB as pointer to Nigeria\u2019s journey to greatness - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/group-praises-pib-as-pointer-to-nigerias-journey-to-greatness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Group praises PIB as pointer to Nigeria\u2019s journey to greatness - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Niger Delta People\u2019s Movement (NDPM) on Friday described the passage of the Petroleum Industry Bill by the National Assembly as a pointer to Nigeria\u2019s path to greatness and development. 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