Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,164,542 members, 7,857,967 topics. Date: Wednesday, 12 June 2024 at 07:55 AM

We Won’t Rush Petroleum Industry Reforms, Says Buhari - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / We Won’t Rush Petroleum Industry Reforms, Says Buhari (784 Views)

President Buhari Signs Petroleum Industry Bill Into Law / 10 Things To Know About Nigeria’s Petroleum Industry Bill, PIB / Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal (2) (3) (4)

(1) (Reply) (Go Down)

We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 9:23am On Dec 14, 2018
President Muhammadu Buhari said on Thursday that his administration would not rush reforms in the petroleum and gas industry, saying that reforms must be carefully thought out to serve the interests of Nigerians.



Speaking specifically on the much-awaited Petroleum Industry Bill, Buhari stated that discussions on it were ongoing and that the bill would only become a reality when Nigerians were assured of getting the best of benefits from the industry.

The President, who doubles as the Minister of Petroleum Resources, said this at the Presidential Villa when he played host to the recently-inaugurated executive committee members of the Nigeria Union of Petroleum and Natural Gas Workers.

NUPENG, which was led by the National President, Williams Akporeha, had raised the issue of the PIB and how it was affecting the industry.



The visit was part of the union’s 40th anniversary celebrations and NUPENG also seized the opportunity to confer on Buhari the award of “Grand Comrade Productive Workers of Nigeria Oil and Gas Industry.”



NUPENG stated that it honoured the President for his “commitment and devotion to a new Nigeria that adequately protects and provides for the citizenry and earns global respect and recognition.”



However, it was Buhari’s position on industry reforms and the PIB that caught attention the more.

While admitting that the bill was important and would be pursued to become an Act, he maintained that he would not do so in a hurry.

The President said, “I fully agree with you that reforming the petroleum industry will unlock numerous untapped potential for the nation.

“However, these reforms must be well thought out and must have the best interest of Nigeria and Nigerians as its core objective. Such reforms cannot and must not be rushed if we must get it right.



“We are still suffering from the effects of many legacy policies that were rushed and passed without fully appreciating the consequences the provisions embedded in them.

“Whatever decision we take now will impact either negatively or positively on generations to come.”

GIST VIA -
https://nairatrend.com.ng/we-wont-rush-petroleum-industry-reforms-says-buhari/

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by yanabasee(m): 9:29am On Dec 14, 2018
Unspeakable Dullard......
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Racoon(m): 9:35am On Dec 14, 2018
The PIB, Electoral Amendment Bill and other bills that will better governance and Nigeria democratic process are what this government will deliberately be foot dragging on.

1 Like 1 Share

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 9:42am On Dec 14, 2018
grin
yanabasee:
Unspeakable Dullard......
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Obere4u: 9:53am On Dec 14, 2018
Racoon:
The PIB, Electoral Amendment Bill and other bills that will better governance and Nigeria democratic process are what this government will deliberately be foot dragging with.

Just like the privatisation of NEPA bettered the lives of Nigerians
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 9:56am On Dec 14, 2018
grin grin
Obere4u:


Just like the privatisation of NEPA bettered the lives of Nigerians
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Joevics(m): 10:09am On Dec 14, 2018
The Dullard won't rush it, since its not a bill to give him power to fight opposition.

1 Like

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Racoon(m): 10:13am On Dec 14, 2018
Obere4u:

Just like the privatisation of NEPA bettered the lives of Nigerians
Yes the former NEPA was privatized to DISCOs but electricity generation was solely the responsibility of the FG.

All the existent power-generating facilities were built or initiated by the Jonathan govt.Others initiate but uncomplete ones were completed by the Buhari govt as government is a continuum.

However tell us how many MW have been added to the national grid beside the propaganda by this APC of an imaginary achievements wherein the power situation have not only been abysmally bad, but DISCO have refute the govt claim of improved electricity.

Fashola not understanding the dynamics of the power sector was ranting back then that:
-1)."To provide 24hours electricity is not rocket science",
-2)."A serious Government will fix the power problem in six months”
-3)"Lagos State Governor, Mr. Babatunde Fashola, has said the only way the country can have stable electricity is to vote out the ruling Peoples Democratic Party (PDP) from power in next year’s general election."
http://thenationonlineng.net/to-have-stable-electricity-vote-out-pdp-fashola/

Meanwhile Fashola and the govt he represents are now lost in cluelessness about answers to the energy question in Nigeria that he is stupidly saying:

-https://punchng.com/electricity-problems-cant-be-solved-by-magic-fashola/

-https://punchng.com/its-not-fgs-problem-if-nigerians-lack-electricity-fashola/amp/?__twitter_impression=true

2 Likes

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 11:02am On Dec 14, 2018
tongue
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Max24: 11:26am On Dec 14, 2018
Racoon:

Yes the former NEPA was privatized to DISCOs but electricity generation was solely the responsibility of the FG.

All the existent power-generating facilities were built or initiated by the Jonathan govt.Others initiate but uncomplete ones were completed by the Buhari govt as government is a continuum.

However tell us how many MW have been added to the national grid beside the propaganda by this APC of an imaginary achievements wherein the power situation have not only been abysmally bad, but DISCO have refute the govt claim of improved electricity.

Fashola not understanding the dynamics of the power sector was ranting back then that:
-1)."To provide 24hours electricity is not rocket science",
-2)."A serious Government will fix the power problem in six months”
-3)"Lagos State Governor, Mr. Babatunde Fashola, has said the only way the country can have stable electricity is to vote out the ruling Peoples Democratic Party (PDP) from power in next year’s general election."
http://thenationonlineng.net/to-have-stable-electricity-vote-out-pdp-fashola/

Meanwhile Fashola and the govt he represents are now lost in cluelessness about answers to the energy question in Nigeria that he is stupidly saying:

-https://punchng.com/electricity-problems-cant-be-solved-by-magic-fashola/

-https://punchng.com/its-not-fgs-problem-if-nigerians-lack-electricity-fashola/amp/?__twitter_impression=true
For more than 30years Buhari kept on contesting for Presidency as if he had solution to the countries problems , 4years after getting there he has remained more clueless than all the President's he criticised. Nigeria is getting worse.

1 Like

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 11:37am On Dec 14, 2018
lipsrsealed
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Obere4u: 11:48am On Dec 14, 2018
Racoon:

Yes the former NEPA was privatized to DISCOs but electricity generation was solely the responsibility of the FG.

All the existent power-generating facilities were built or initiated by the Jonathan govt.Others initiate but uncomplete ones were completed by the Buhari govt as government is a continuum.

However tell us how many MW have been added to the national grid beside the propaganda by this APC of an imaginary achievements wherein the power situation have not only been abysmally bad, but DISCO have refute the govt claim of improved electricity.

Fashola not understanding the dynamics of the power sector was ranting back then that:
-1)."To provide 24hours electricity is not rocket science",
-2)."A serious Government will fix the power problem in six months”
-3)"Lagos State Governor, Mr. Babatunde Fashola, has said the only way the country can have stable electricity is to vote out the ruling Peoples Democratic Party (PDP) from power in next year’s general election."
http://thenationonlineng.net/to-have-stable-electricity-vote-out-pdp-fashola/

Meanwhile Fashola and the govt he represents are now lost in cluelessness about answers to the energy question in Nigeria that he is stupidly saying:

-https://punchng.com/electricity-problems-cant-be-solved-by-magic-fashola/

-https://punchng.com/its-not-fgs-problem-if-nigerians-lack-electricity-fashola/amp/?__twitter_impression=true

And if power is generated and discos refused to distribute, whose fault will it be?

1 Like

Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 11:57am On Dec 14, 2018
grin
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by naijaseeker: 12:41pm On Dec 14, 2018
Obere4u:


Just like the privatisation of NEPA bettered the lives of Nigerians

Neither is there any change to the power or fuel situation
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Racoon(m): 1:00pm On Dec 14, 2018
Obere4u:
And if power is generated and discos refused to distribute, whose fault will it be?
And how many MWs of electricity/power have been generated by the APC govt first before starting to blame the DISCOs for failure of distribution?

Can you recall how many times there were total shutdown of the power generating plants across Nigeria this year alone under this present government?

A woeful feat that have never even happened throughout the reign of the previous government they always heap their excuses upon.Think well man.
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by feddis(m): 2:08pm On Dec 14, 2018
Buhari doesn't take any issue serious that is of uttermost importance, not even when several lives are lost.
A lifeless incompetent old man.
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Newsloft: 2:29pm On Dec 14, 2018
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Omeokachie: 3:47pm On Dec 14, 2018
He won't sign it.

The incompetent tyrant withholds assent to every bill that can move the country forward.
Re: We Won’t Rush Petroleum Industry Reforms, Says Buhari by Obere4u: 4:03pm On Dec 14, 2018
Racoon:
And how many MWs of electricity/power have been generated by the APC govt first before starting to blame the DISCOs for failure of distribution?

Can you recall how many times there were total shutdown of the power generating plants across Nigeria this year alone under this present government?

A woeful feat that have never even happened throughout the reign of the previous government they always heap their excuses upon.Think well man.

Generation is around 5kMW to 7kMW. Eve transmitted and distributed well, we will have a major increase in power. Our problem have always being transmission and not generation.
If you don't know much about how power system work, you ask around

1 Like

(1) (Reply)

Osinbajo Takes Door To Door Campaign To Ilaro, Ogun State - Video / Nigerian Startup- BRANPOS is set to Gross N127Billion Transaction in 2019 / Asiwaju Bola Ahmed Tinubu Blows Hot Again.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.