New PIB should favour Abia, says Ikpeazu

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Abia State Governor Okezie Ikpeazu has said that the state should be made to benefit more from the proposed Petroleum Industry Bill

Ikpeazu stated this yesterday while receiving a delegation of the National Assembly Joint Ad-hoc Committee on Petroleum Industry Bill at the Government House in Umuahia.According to him, Abia has the record of being the most peaceful oil-producing state, stressing that oil-producing communities in the state have not had any face-off with oil firms operating in the state.

He lamented that oil companies in the state do not pay taxes in Abia but rather reside in a neighbouring state and come to Abia with the help of heavily armed security guards to do their business and leave.He commended the committee for the initiative to talk to Nigerians on the proposed Petroleum Industry Bill, noting “the major problem we have in Nigeria is the issue of trust.”

He also emphasised the need for engagement in value addition on petroleum products as against sole dependence on crude oil exportation.The leader of the delegation, Albert Bassey Akpan, thanked the governor for the wonderful job he is doing in the state considering how much he receives.

 

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Does he mean Abia PIB?

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