The Deputy Senate President, Sen. Ovie Omo-Agege, resenting Delta Central Senatorial district, has explained the reasons why oil bearing Communities lost the demand for 5 percent in the Petroleum Industry Bill.
He stated that Senate had to settle for 3 percent allocation for oil bearing Communities otherwise known as host Communities because Senators from the Niger Delta were outvoted during the PIB debate, stressing that the 3 percent, did not reflect his wish.
Omo-Agege said this while fielding questions from newsmen in Friday in Benin City, Edo State Capital
He however urged Stakeholders and Nigerians who have misgivings about approved 3 percent allocation to “look the future with a whole lot of hope and optimism for a better deal”.
According to him, “On the 3 percent share for host Communities. That is the decision of the Senate. And as you know, I am a member of the leadership of the Senate, that is not what we would have wish for”.
“Recall that the federal government came with a request for 3 per cent. We fought to make it 5 per cent. We weren’t lucky, eventually, it settled at 3 percent. We are not happy with it. But this is the decision of the Senate. You live to fight another day.
“We will see what happened forward. We believe that people are entitled to their own right. They are justified for the agitation for more. It is an agitation that I also support.
“Everyone has a vote. Just put differently that we were outvoted and like I said, there is another opportunity to remedy those wrongs”, according to the Senator who did not explain why he didn’t disclose whether he lobbied or not before the Bill was eventually passed.