PIB: UPU Commends National Assembly, Seeks Review Of Funding To Host Communities
The President-General of Urhobo Progress Union (UPU), Worldwide, Olorogun Moses Taiga, has applauded the 9th National Assembly for breaking the status quo trailing the Petroleum Industry Bill (PIB) by passing it into law, even as he called for an “objective and realistic review of funding for the host community trust fund.”
He expressed his pleasure with the Deputy President of the Senate, HE Ovie Omo-Agege, who represents the Urhobo Nation in the Senate and other senators and House of Reps members from the Niger Delta for their role in ensuring the passage of the PIB.
He noted that in spite any shortcomings that may be observed, the PIB as passed is a good and practical starting point towards effecting changes to the administrative, regulatory and fiscal framework of the Nation’s Oil and Gas industry.
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