The Petroleum and Natural Gas Senior Staff Association of Nigeria has called for a reform in the country’s oil and gas sector.
This was in PENGASSAN’s Independence Day message to Nigerians where it said the reform would boost the nation’s economy.
According to the President of PENGASSAN Francis Johnson, the passage of the Petroleum Industry Bill will ensure a fast track of the economy.
“The bill, when passed, will attract and retain more investments,” Johnson said.
“We believe that the benefits derived from a reformed oil and gas sector will assist in the development of other sectors of the economy to prepare the country for the future of a nation without oil.”
He said, “However, there are many challenges that must be surmounted for us to be a great nation indeed.
“Issues of insecurity, infrastructural decay, nepotism, unemployment, impunity, illegal migration, capital flight, abuse of power and recklessness of the political class continue to dominate national discourse.”