By Saidu Idris
365Daily – The Peoples Democratic Party (PDP) has asked President Muhammadu Buhari to immediately seek amendment to the newly presidential approved Petroleum Industry Act.
According to the party, this will enable the wishes and aspirations of Nigerians to be captured in the law.
The party gave the advice in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, on Monday, August 17, 2021, in Abuja.
President Buhari on Monday signed the Petroleum Industry Bill (PIB) into law.
Ologbondiyan said it was surprising that Buhari ignored the huge outcry by majority of disenchanted Nigerians and signed the bill as passed by the National Assembly into law.
He added that this amounted to “endorsement of imposition, lack of respect for the people and the tenets of democracy as a system of government.’’
According to him, the law was not in the interest of oil producing communities, particularly as it related to oil exploration.
Ologbondiyan said: “Mr President could have returned the bill to the National Assembly with a request that it is made to address the demands of the oil producing communities.
“Our party fears that the new law cannot guarantee the desired stability and development in the oil and gas sector as well as respite in the Niger Delta region.
“The PDP calls on President Buhari to salvage the situation by immediately forwarding an amendment bill to the National Assembly to reflect the true wishes and aspirations of every segment of our nation.”
He urged PDP Lawmakers to move for an urgent amendment to the law.