Petroleum Industry Act, time bomb waiting to explode - Gov Diri

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Bayelsa State Governor, Douye Diri, has described the Petroleum Industry Act (PIA) as a time bomb waiting to explode, just as he clamoured for an

According to him, the review would go a long way towards tackling the ongoing crisis between oil companies and their host communities.

A statement sent to DAILY POST by his Chief Press Secretary, Daniel Alabrah, quoted the governor as saying that oil-producing states and local governments are now being called upon to intervene in resolving issues between the oil companies and their host communities. “In recent times, we have started seeing crises between the communities and oil companies over the signing of Memorandum of Understanding and other issues. And the state governments have been called to intervene. So that act needs further amendment.”

He said: “While as a government, we would not support anybody involved in oil theft, illegal oil refining, and all other acts that contribute to pollution, underdevelopment, and killings, we would also like to state that the best way to tackle the issues is to fast-track development in these areas. We can assure you that these same people will become protectors of oil installations domiciled in the Niger Delta.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FG grants six companies license to import petroleum products | The Guardian Nigeria News - Nigeria and World NewsThe Federal Government of Nigeria (FGN) have approved the issuance of licenses to six new companies to import petroleum products into the country.
Source: GuardianNigeria - 🏆 1. / 94 Read more »