PENGASSAN Makes Case For Oil Industry Reform As Nigeria Clocks 58
President Buhari. Image: Premium Times

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.

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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.”