Delta Council Calls For Alliances In Securing Oil, Gas Investments | Independent Newspapers Limited
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Delta Council Calls For Alliances In Securing Oil, Gas Investments

Posted: Jan 14, 2016 at 7:13 pm   /   by   /   comments (0)

By Felix Igbekoyi
Correspondent,  Asaba.
State Advisory and Peace Building Council, Delta State, has called for creative and enduring strategies that would enable strategic alliances among the host communities in oil producing areas, the IOCs and security agencies in securing oil and gas investments in Delta State.

Professor Sam Oyovbaire, Chairman of the Committee stated Thursday in Asaba after the stakeholder’s summit on vandalism of oil and gas facilities and installations with the theme, “Security and Environmental Challenges in Oil and Gas Sector in Delta State – the way forward.
He maintained that the objective of the committee is in line with peace in all aspects of human en devour in the state most especially oil and gas which has been subjected to abuses in the past, calling on the National Assembly to revisit the Petroleum Industry Bill which he said would proffer solutions to some of the challenges facing Nigerian Oil and Gas Sector.
Collaborating, Hon Patrick Ukah, Commissioner for Information, commended the Delta State government for organizing the summit, stating that the summit is to boost the state’s earnings from oil if the challenges of oil thieves can be faced out or reduced to its barest minimum.
He said the summit has further positioned the state government to tackle the challenges which led to the state losing “a billion naira in monthly revenue from royalties and taxes,” while more than N2 billion monthly was also, being lost in taxes and royalties as a result of some oil companies operating in Delta State relocating.
Expressing confidence in the prosperity agenda of the state government, Ukah said that very soon, millions of Deltans, particularly the youths would have been adequately empowered.  
Governor Ifeanyi Okowa of Delta State had during the summit stressed the need to deal decisively with these economic saboteurs, (oil thieves), noting that “they need to be fished out and the full weight of the law brought to bear on them to deter others” and to boast the nation’s earnings.