Former member of the House of Representatives, Mr. Samson Osagie has said the Petroleum Industry Bill, PIB, would bring about total reform in the oil and gas sector of the nation’s economy and boost national growth and development.
Osagie who was Minority Whip of the House said since the country depends solely on oil and gas as her sole and major revenue earner there was an urgent need for the legislation that can bring about the needed transformation in the vital sector.
“What we did was a demonstration of our commitment to ensure transparency in the running of our oil and gas sector to ensure that the petroleum sector is sanitised to the greater advantage of the Nigerian people.”
Expressing optimism that members of the incoming National Assembly would take a cue from the past and sustain the tempo of the nation’s growth in the oil sector and other key areas of the economy, he said it will be for the greater good of the citizenry.
He said, “As you can see, we rounded up with the passage of the Petroleum Industry Bill (PIB). That was borne out of the desire of the House of Representatives to ensure a reform in the oil and gas sector because you know oil and gas remains the mainstay of our economy.”
“Our economy is largely dependent on oil and that is why we say that Nigeria is a mono-economy. So we need reform in that sector and conscious of that fact we said that the least we would do is to ensure the passage of that bill even though the senate have not done their own, the next assembly will take it up from there”, he said.
The former APC who represented Orhionwmon/Uhunmwode federal constituency in Edo state from 2003 to 2015, appreciated the constituency for the opportunity to serve and for contributing amongst others to national development.
“I must thank my constituency for this opportunity, Orhionmwon and Uhunmwonde federal constituency for giving me the rare privilege out of over five hundred thousand people in my constituency I was chosen for eight years and I think that is a privilege nobody can undermine. I am a fulfilled man today because of this rare opportunity and I wish my successor a very good outing as he carries on from where I stopped”.
The former Minority Whip lamented the cat and mouse game between the executive and legislature as the major challenge facing governance in the country, adding “The executive usually do not see the legislature as a useful organ of government; it sees the legislature as a meddlesome interloper. The executive erroneously arrogate to itself the power to run the country, to the exclusion of all others”.
He said, “…the major challenge is non-cooperation, non-appreciation of the role of parliament and even by the people because the parliament is the most misunderstood and most attacked organ of government; lack of appreciation of its responsibilities and roles in democratic governance.”

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