shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » PHCCIMA Declares Support For Passage Of PIB

PHCCIMA Declares Support For Passage Of PIB

by Joshua
September 28, 2012
in Uncategorized

The Port Harcourt Chamber of Commerce, Industries, Mines and Agriculture (PHCCIMA) has declared support for the passage of Petroleum Industry Bill (PIB) now before the National Assembly.
Mr Vincent Furo, the President of PHCCIMA, disclosed this in an interview in Port Harcourt.
Furo, who affirmed the chamber’s total support for the bill, said the bill would “create entrepreneurial inroads into the management of our oil and gas local content“.

The Port Harcourt Chamber of Commerce, Industries, Mines and Agriculture (PHCCIMA) has declared support for the passage of Petroleum Industry Bill (PIB) now before the National Assembly.
Mr Vincent Furo, the President of PHCCIMA, disclosed this in an interview in Port Harcourt.
Furo, who affirmed the chamber’s total support for the bill, said the bill would “create entrepreneurial inroads into the management of our oil and gas local content“.
He said that the bill, when passed, would empower indigenous oil and gas industrialists to determine the level of activities in the sector.
‘’Our local entrepreneurs at present are very far from reaping the prospects of a local content policy.
“It is the international oil and gas industrialists that are in full control of our oil sector.
“And it is the existing laws that made it so; that is why we are saying yes to the PIB,’’ he said.
Furo urged the National Assembly to pass the bill without delay to engender optimal production and excellence of Nigerian oil Industrialists.
“The bill is the greatest thing to happen to the oil and gas sector of this country and we expect every patriotic citizen to support it,’’ he said.
He said that the time was ripe to reverse the trend whereby foreigners exploited the nation’s oil and gas resources more than the local experts.
The chamber boss described the bill as “a ticket to massive empowerment“ of local entrepreneurs even in other sectors of the economy.
“Even the power sector will benefit immensely after the bill becomes law, ` he said.
Furo called on the lawmakers to massively support the passage of the bill, saying that “ the oil sector is undergoing a revolutionary transformation“.


Related Posts

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

June 30, 2025
Meningitis: Death Toll In Kebbi Hits 56 – Govt 

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

March 24, 2025
Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

January 8, 2025
PHOTO NEWS: SIFAX Thanksgiving and Night of Praise 2.0

PHOTO NEWS: SIFAX Group Thanksgiving and Night of Praise 2.0

December 18, 2024

Discussion about this post

Latest News

Customs Intercepts Fuel Worth ₦58.36m

CRFFN in Crisis as 4 of 5 Accredited Associations Rebel — Declare POF Illegal After Court Bombshell

July 19, 2025

Nigerian Navy’s Maritime Institute Commences Executive Blue Economy Course for Media Leaders

NSML Bags Maritime Excellence Award, Reaffirms Focus on Training and Capacity Development

Alumni of Maritime Academy of Nigeria Appeal to President Tinubu to Protect Academy’s Unique Structure

NIMASA’s Campaign Against War Risk Premiums: Rhetoric Or Real Reform?

Customs Intercepts Fuel Worth ₦58.36m

E-Call-Up: Lagos, Stakeholders Agree On From Aug. 1 Take-off, N10,000 Fee

Customs CG Adeniyi Adopts Public School, Promises Sustained Support for Education, Health and Youth Development

Navy Hands Over 1,575 Kg Of Cannabis Sativa To NDLEA

Comptroller Oramalugo Launches Second Edition Of Book On Customs Administration In Nigeria

Troops Apprehend 42 Oil Thieves, Recover Stolen Products

Mariners Launch Waterside Centre in Lagos, Hold Symposium in Honour of Late Dr. Asoluka

kindly like our Facebook page

Health

The Usefulness Of Watermelon Seeds You May Not Know
Health

The Usefulness Of Watermelon Seeds You May Not Know

July 14, 2025

Watermelon is one fruit that’s hard to resist when it gets too hot. It’s sweet and is high in water...

KNOW YOUR BODY PARTS: THE HEART

KNOW YOUR BODY PARTS: THE HEART

June 30, 2025
Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

June 30, 2025
Contraceptive Pills Can’t Cause Cervical Cancer – Expert

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025
ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition