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Foundation for Partnership Initiatives in the Niger Delta (PIND),has said the Petroleum Industry Act recently signed into law by the presidency has great prospects of changing the fortunes of Niger Deltans, particularly in the oil and gas sector.
Executive Director of the Group, Tunji Idowu who stated this, noted that it has far reaching reforms aimed at good governance and best practices in the sector.
According to him, solving the huge developmental challenges bedeviling thw region would require combined efforts, including resources from all stakeholders.
In a roundtable event commemorating the 10th year anniversary of PIND, Idowu said he came to the realization like every other player in the corporate investment space that PIB as it is popularly called poses to be a major game changer in the future of corporate social investment in the nation and the region in particular.
“We have seen that this Act will benefit the underserved communities. This realisation gave birth to us focusing on this round table as part of our celebration,” he stated.
Speaking at the event, the General Manager, Policy and Government Affairs, Chevron Nigeria Limited, Esimaje Brikinn, said any corporate social investment in the Niger Delta must be a participatory partnership and inclusive one involving community stakeholders, the government, civil society and non-governmental organizations.
He said good cooperation has capacity and skills for the core business and some capacity on social responsibility outreaches.
“Good civil society organizations have skills and capacities to develop societies by integrating all these efforts together and with the active participation of the communities, the scope, scale and effectiveness of sustainability of programmes,” Brikinn said.
Speaking on the Petroleum Industry Act, he said the new law has added another dimension to the discussion on social investment in the Niger Delta.
“This is why the topic: Leaving No One Behind, Inclusive Corporate Social Investment For Underserved Communities in the Niger Delta is very important to us,” he said.
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