Nigeria losses lots of benefits from non- passage of PIB, says PENGASSAN



The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has appealed to the Federal Government to ensure urgent passage of the Petroleum Industrial Bill (PIB).

Mr Ndukaku Ohaeri, PENGASSAN President, who made the appeal on Thursday, at the union’s 6th Triennial National Delegates’ Conference in Abuja, said non-passage of the bill was denying the country lots of benefits accrued from the hydrocarbon industry.

The conference had as theme: “The Future of Work, Post COVID-19 and Energy Transition”.

Ohaeri therefore, urged the National Assembly to resolve the challenges that had over time, marred non-passage of the PIB.

“Nigeria has lost so much revenue that could have accrued to government coffers, as existing investments are stalled and potential investors are scared of coming,” he said.

He noted that many other countries that had started the same process of legislation for their oil and gas industries behind Nigeria, had completed same and were now `savouring the taste of the exercise’.

“We appeal to the government, especially the Technical Committee putting finishing touches to the new PIB, to ensure greater stakeholders’ engagement to improve on the final outcome of the bill sent to the National Assembly for consideration and passage.

“The passage of this very important piece of legislation will give room for meaningful progress to be made in the oil and gas industry in particular, and Nigeria in general, ” he said.

On the issue of Integrated Personal Payroll Information System (IPPIS), Ohaeri said the union had observed with dismay the reluctance and opacity of the office in the enrolment of its members.

He said that the association had many times yielded to the demands of the IPPIS, in spite of the obvious loss of confidence in the workability of the platform.

“Our Association picked holes in the authority’s stoppage of salaries of PENGASSAN members, which led to the industrial unrest in the Nation’s Oil and Gas sector.

“We call for continuous engagement with a view to amicable resolution of our members’ concerns,” he said.

Ohaeri, who also expressed concerns over the the current state of Nigeria’s economy, noted that the poor implementation of both fiscal and monetary policies, as well as inconsistencies, had continued to militate against projected growth and development of the country.

“We expect to see government’s coordinated response towards divestment from dome public agencies that will allow for private sector participation and freeing up resources for key areas of need,” he said.

He further advised the Economic Advisory Council to come up with economic recovery and growth roadmap, that would prevent a total collapse of the economy from the global effects of the COVID-19 pandemic.

On his part, Mr Ayuba Wabba, President, Nigeria Labour Congress (NLC), said the that the current global economic model had only concentrated greater per cent of wealth in the hands of just one per cent of the extremely rich.

According to Wabba, more than 90 per cent of the country’s population are extremely poor, adding that there is therefore, need for social justice.

He said though wealth had more than tripled, poverty had also become pervasive, leading to the rising global insecurity.

The NLC helmsman expressed concerns that 80 per cent of workers in Africa had no social security cover.

He commended PENGASSAN for what he described as its very strategic role in the economic development of the country, and its collaboration with the NLC.

“This is in the pursuit of prosperity for the Nigerian people and to the entire Nigerian workforce, especially during the struggle for the realisation of the June 12 mandate,” he said.

Wabba said that the labour movement would continue to resist such policies that sought to put national assets in the hands of friends and cronies of government, to the detriment of the people.

Edited By: Nyisom Fiyigon Dore (NAN)

Joan Nwagwu

Joan Nwagwu: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at] Disclaimer.

Latest News

COVID -19, Institutional Reforms and AUC Elections at the centre of discussion of the 41st Ordinary Session of Permanent Representatives’ Committee (PRC) in prelude to the 34th AU Summit The role of technology in unlocking trade value in East Africa Digitalisation of economic sectors will kick-start a new growth cycle after COVID-19, Africa’s Development Dynamics report shows African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa Joint Statement on Mozambique by United Nations Regional Directors for Southern and Eastern Africa MSF emergency team responds to worrying health needs in Riang, South Sudan, with high rates of malaria UNSMIL announces that Libyan Political Dialogue Forum (LPDF) approves the proposal of selection mechanism of executive authority for the preparatory period Customers demand greater digital engagement from Communication Service Providers (CSPs) Coronavirus – Zimbabwe: COVID-19 update (19 January 2021) Coronavirus – South Africa: COVID-19 update (19 January 2021) Coronavirus – Eswatini: COVID-19 update (19 January 2021) Coronavirus: African Union Member States reporting COVID-19 cases as of 19 January 2021, 6 pm EAT Coronavirus – Nigeria: COVID-19 update (19 January 2021) UNHCR finds dire need in Eritrean refugee camps cut off in Tigray conflict Coronavirus – Africa: COVID-19 update (19 January 2021) Coronavirus – Ethiopia: COVID-19 update (19 January 2021) East African countries better prepared, but desert locust threat ‘not over’ African messaging app ayoba assures users of full privacy and security protection, safe for younger users The END Fund welcomes Moses Bockarie and Carol Karutu as board member and Head of Programs Here’s what happened on the last day of NEF-GG 2020 Reach Africa’s 1.35-billion consumers with content in the region’s most widely spoken local languages, says Pronto Translations Pakistan approves China’s Sinopharm COVID-19 vaccine for emergency use Dinosaur Adventure Drive-Thru event held in Kenner, United States Head of UN Conference on Trade and Development resigns Retail stores, hair salons reopen to public in Greece Security concerns put Washington D.C. on edge as Biden inauguration nears WHO pandemic review panel highlights effective multilateralism in COVID-19 response Brazil’s financial market forecasts 3.45 pct economic growth in 2021 Nigerian troops kill 30 bandits in gunfight Roundup: United States COVID-19 cases top 24 mln two days from new administration EU plans to start spending huge recovery fund in months Chile reports 3,918 new COVID-19 cases Tunisia reports 1,795 new COVID-19 cases, 181,885 in total Start of 2021 sees overall upward trend in COVID-19 situation: WHO official Cuba reports 292 new COVID-19 cases Brazil launches mass COVID-19 vaccination campaign Egyptian defense minister, Greek chief of staff discuss military ties Authorities investigate 12 murders in eastern Mexico Speaker Berri says Lebanon reels under unannounced sanctions, siege Roadway crash kills 12 in Ecuador France registers 403 COVID-19 deaths in 24 hours Roundup: Stellantis starts off strongly, replacing Fiat, Peugeot on stock exchanges Tunisia arrests 632 individuals following looting, vandalism Chinese envoy calls for strengthened UN-Arab League cooperation Roundup: Lockdown raises Israeli unemployment rate to 15.9 pct; Iran records 5,806 new COVID-19 cases, 1,336,217 in total Lebanon registers 3,144 new COVID-19 cases, 255,956 in total Morocco registers 473 new COVID-19 cases, 35 more deaths One dead after avalanche hits Russian ski resort Coronavirus – Sierra Leone: COVID-19 update (18 January 2021) UN chief appoints new envoy on Libya