Sunday, May 29, 2022



PIA Act, Key to Iwereland Master Plan Development Olu of Warri


                        Ogiame Atuwatse III, the Olu of Warri 


By Tetsoma Neyin 

PIA Act, Key to Iwereland Master Plan Development Olu of Warri

Olu of Warri, Ogiame Atuwatse III has noted that the palace will leverage on the 2021 Petroleum Industry Act (PIA) to implement the Iwereland Global Master Plan, which will soon be put in place.

The Monarch observed that all arms of government and intervention agencies would become fully committed to being a part of the plan.


 He gave the assurance in a keynote address he delivered during the Iwere Economic Summit tagged “Iwereland and the 2021 Petroleum Industry Act held at Olu of Warri Palace on Thursday May 26, 2022.

 He noted that the palace “is more ready than before to make Iwereland conducive for businesses to thrive and change the narratives people had in the past about the area.

 “We assure government, companies, non-governmental organisations and regulatory authorities that we are well aware that our job is to make Iwereland more hospitable for business, whether energy or otherwise, no matter the obstacles thrown in our ways,” he added.

 The Monarch explained the various benefits that will accrue from the PIA Act, thereby urging community leaders and leaders of thought to cooperate with the Crown to ensure successful implementation of the legislation for the overall development of Iwereland.

 He said the overriding and recurring theme of the PIA “is trust. This virtue is the beginning, and end, of what this gathering today is about. 

“Enlightened self-interests is the antidote to selfishness and is the checkmate to mutually assured destruction, that was our definite destination until the passing of the PIA

“We set the tone and the pace, for reopening Iwereland for business and development. To the Iwere people, we pronounce that self-centredness in our land ends today. Singleness of vision and mission arises in its stead,” he assured.


Earlier in his address , Chief Executive Officer of Nigerian Upstream Regulatory Commission, Mr. Gbenga Komolafe gave a detailed explanation of the overall working of the PIA act which he promised will be fully implemented before the end of June 2022.


High point of the summit was the inauguration of the Olu of Warri 2021 Petroleum Industry Act(PIA) Advisory Council Chaired by Dr. Ebi Omatsola.



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