PIB: 3% Equity Stake For Host Communities Will Ressurect Militancy in the Niger Delta - Dickson


Former Governor of Bayelsa State, Seriake Dickson, says peace is not guaranteed in the Niger Delta region following the passage of the Petroleum Industry Bill which set aside three percent fund for oil bearing communities.
Dickson who represents Bayelsa West Senatorial District in the National Assembly, therefore urged President Muhammadu Buhari not to sign the Bill into law until the abnormally is rectified.
Speaking in Abuja at a press conference with newsmen on the state of the nation, the lawmaker said there is the need for the review of the proposed legislation to accommodate the five per cent allocation to the host communities.
Dickson also lamented that the leadership of the Senate, led by Ahmad Lawan, frustrated efforts by the South-South senators to get the support of their colleagues from other regions to approve the five per cent host communities equity share.
He said the action of the Lawan-led leadership to invite the Minister of State for Petroleum Resources, Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation, to the Senate chambers before the consideration of the Bill, made senators from other regions to withdraw their support for the five per cent allocation.
Dickson also insisted that the thirty percent fund mapped out for the exploration of oil in new areas in the North is outrageous considering the three percent approved for oil producing communities in the Niger Delta  

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