Okowa made the disclosure on Monday 1st March 2021, during an interactive session with the members of the National Assembly Joint Committee on Petroleum Industry Bill, led by its Co-Chairman, Rt. Hon. Mohammed Monguno, at the Government House, Asaba.
He regretted the delay in the passage of the Bill, saying “As a former Senator, I understand how elusive the passage and assent of the Petroleum Industry Bill (#PIB) has been”.
While emphasizing on the need for the speedy passage of the Bill, Okowa said: “and we are gladdened to see the commitment of the 9th Assembly towards the passage of this critical piece of legislation.
“I am especially thrilled about the inclusion of the Host Communities Fund component of the Bill, which will make the people of the Niger Delta region part-owners of the oil ventures and encourage them to secure oil facilities.
“As the National Assembly works towards this arduous task, it is my hope that for the good of the people of Delta State, the South South region, and Nigeria as a whole, we finally get the #PIB passed so that we can work towards building a more sustainable oil economy”.
