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Oil experts list benefits as National Assembly breaks 12-year jinx, passes PIB

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The Senate on Thursday passed the Petroleum Industry Bill and approved that three per cent of profit made by oil firms should be shared to host communities.

The upper chamber passed the PIB, 2021 after the clause by clause consideration of the report of its joint committee on Petroleum (Upstream, Downstream and Gas) on PIB.

Lawmakers from the South-South geopolitical zone however protested against the three per cent approved for the host communities and called for five per cent.

The Senate had before then held a closed session with the Minister of State for Petroleum, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari.

The Senate also approved that 30 per cent of profits accruing from oil and gas operations by the Nigeria National Petroleum Corporation would be set aside for exploration of oil in the frontier basin.

The proposed law stipulated that all exploration of frontier basins would fall under the purview of the Upstream Regulatory Commission.

It also clarified that the three per cent from the oil firm’s profits would be reserved for the development of host communities.

However, before the Senate approved the clauses, the plenary was thrown into a rowdy session following the disagreements over the right percentage of oil revenue that should accrue to the host community.

This was because the report of the Senate Joint Committee on Petroleum which processed the bill had proposed five per cent for host communities.

However, when the Senate carried out the clause by clause consideration of the bill, it was reduced to three per cent.

The development led to a stalemate as senators from the Niger Delta region vehemently opposed the decision.

For instance, the Senator representing Delta South, Senator James Manager, proposed an amendment to retain the provision of five per cent in the report but he was defeated.

Also, another attempt by the Senator representing Rivers State, George Sekibo, to call for a division was overruled by the Senate President, Ahmad Lawan, who hit the gavel to re-confirm the three per cent host community provision.

The development led to a serious tension.

The Senate leadership swiftly moved to pacify the southern senators who were insisting on division to resolve the impasse.

The Leader of the Senate, Yahaya Abdullahi, said the Senate would be ‘heading for a state of Armageddon’ if it allowed that division to happen.

Lawan also supported the Senate Leader and urged his colleagues to exhibit patriotism and Sekibo later agreed to withdraw his motion.

Similarly, the House of Representatives, on Thursday, passed the controversial bill, following the consideration and adoption of the report on the controversial legislation.

Speaker of the House, Femi Gbajabiamila, hailed the lawmakers for the record passage of the controversial bill, describing it as significant in the history of the parliament.

The Majority Whip and Chairman of the Ad Hoc Committee on PIB, Mohammed Monguno, had laid the report at the plenary on Wednesday.

He prayed the House to consider the report on the ‘Bill for an Act to Provide Legal, Governance, Regulatory and Fiscal Framework for the Nigerian Petroleum Industry, the Development of Host Communities; and for Related Matters, 2021 (HB. 1061) and Approve the Recommendations Therein’.

The report, as passed, provided five per cent for the development of the host communities and the establishment of a Host Communities Development Fund, which Monguno put at $895m annually.

The chairman noted that the committee recommended five per cent in order not to scare away investors from the nation’s oil and gas sector, in view of the availability of oil in several countries at the moment.

The House included in the bill, a Frontier Exploration Fund, which is to conserve funds for the exploration of oil in the various River Basins across the country which was not initially part of the bill.

However, the bill passed with an amendment only to Section 240(2) of the bill by increasing the host community funding from 2.5 per cent of actual operating expenditure of oil companies as presented to five per cent.

The section provides that “each settlor, where applicable through the operator, shall make an annual contribution to the applicable host community development trust fund of an amount equal to 2.5 per cent of its actual operating expenditure in the immediately preceding calendar year in respect of all petroleum operations affecting the host communities for which the applicable host community development trust was established.”

Gbajabiamila said, “I want to underscore how big, what this committee has just done because this has been going on for 20 years. I want to commend the 74 wise men whose work product has now become the work product of 360 men. I want to commend these men and women for their commitment, industry and scholarship in producing this 318-section law. This 9th Assembly will be recorded on the right side of history.

Our correspondents report that going by standard legislative procedure, the conference committee of the National Assembly would meet to reconcile the differing positions of the Senate and the House.

Experts and marketers who spoke to our correspondents on telephone expressed delight at the passage of the bill.

The Managing Director of Vhelbherg, an indigenous oil firm, Mr Bank-Anthony Okoroafor, said the passage of the PIB and the expected assent by the President would help to bring the country’s oil and gas industry back on track.

Okoroafor, who is a former chairman of Petroleum Technology Association of Nigeria, said the passage of the bill would improve investor confidence as there would be clarity on the fiscal terms of the industry.

“It brings confidence and stability; so, it is a move in the right direction. I say well done to the Senate and House of Representatives for this giant step,” he added.

The National Operations Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, said the passage of the PIB into law would mark the beginning of the repositioning of the oil and gas industry.

“If the President assents to it, then that is the beginning of the reform that we have been expecting in the oil and gas industry. It is the beginning of deregulation in the downstream sector,” he said.

He said the passage of the PIB would allow market forces to determine of petrol prices and curb smuggling of the product.

The outgoing Director-General, Lagos Chamber of Commerce and Industry, Dr Muda Yusuf, described the PIB as a major instrument of reform in the oil and gas sector, with a number of significant implications for the sector and the economy as a whole.

National President, Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry, described the passage of the bill as a big blessing for Nigeria.

He told one of our correspondents that through the bill, a deregulated downstream oil sector would be achieved, adding that this would boost the fortunes of the country and improve the Nigerian economy.

However, the Pan Niger Delta Forum said it was not time for the oil bearing region to celebrate.

PANDEF’s spokesman, Ken Robinson, told one of our correspondents that the forum would like to take a look at the version of the PIB that was endorsed before responding to it.

Robinson added that it would be unnecessary to begin to celebrate when the President, Major General Muhammadu Buhari (retd.), had yet to give his assent to the bill.

He said, “We like to reserve our comment and see the version they passed, whether they accommodated the input made by host communities – those suffering the impact of oil exploration in the Niger Delta and not benefitting from the system.

“We will see whether the input made by the people is accommodated. It is not time to celebrate; if the National Assembly has passed it and Mr President does not assent to it, then it remains with them.”

The forum’s spokesman said he was not sure that the current National Assembly would have the drive to override the President if he (Buhari) refused to assent to the bill.

Culled from the Punch News Nigeria

Houston

Membership Interest Soars After Sugar Land People’s Club’s Successful Induction

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Branch considers annual induction as August celebration of prestige, culture and comradeship inspires growing community interest

HOUSTON, TEXAS — Membership requests to the Sugar Land Branch of People’s Club of Nigeria International (PCNI) have risen significantly following its successful August induction ceremony, prompting the organization to consider making the event an annual affair.

Group Chairman, Hon. Prof. Chris Ulasi, confirmed the surge in interest, saying the branch has received numerous inquiries from prospective members since the ceremony that formally admitted 16 new members to the organization.

“The response since the induction has been remarkable. We have seen a significant increase in people asking about membership and how they can become part of the People’s Club family,” Ulasi said. “Many of them attended the event or heard about it afterward and were impressed by the fellowship, dignity, cultural pride, and genuine comradeship they witnessed.”

Ulasi said the development, including a possible change from the current bi-annual induction arrangement to an annual ceremony, would be discussed at the branch’s September general meeting.

The renewed interest in membership comes on the heels of an elaborate induction that attracted national officers, patrons, branch chairmen, members, and guests from across the People’s Club family.

National President, Atty. Fidelis Onyebueke, who presided over the swearing-in of the 16 inductees, described the event as a total success and commended the Sugar Land Branch, PCNI’s First International Branch, for what he called an exceptional celebration of fellowship, culture, service, and unity.

During the formal ceremony, each inductee was invited to the podium to take the membership oath and receive a certificate from the national president, who was assisted by PCNI Attorney Chukwuka John Ukadike.

Beyond the admission of new members, however, the event offered guests a public display of the traditions that have historically defined the People’s Club: prestige, love, service, and comradeship. Those characteristics were reflected throughout the ceremony, from the reception of national officers and interaction among members to the formal induction, cultural presentation, and extended social celebration that followed.

Grand Patron, Ide Obinna Nnanyelugo Mbachu, said the growing interest in membership was an indication that the organization’s values resonated with guests who experienced the event.

“What people witnessed was the character of People’s Club—the love among members, respect for one another, willingness to serve, and the comradeship that brings us together,” Mbachu said. “Prestige is not simply about appearance; it is about how we conduct ourselves and how we treat people. When the community sees those values demonstrated, it is understandable that others would want to become part of the organization.”

The cultural presentation was among the most visible features of the evening. Women members and associates appeared in coordinated traditional attire featuring red-pinkish blouses with matching head ties and white wrappers bearing the PCNI logo. The men wore all-white outfits complemented by customized PCNI cap pins and distinctive PCNI sashes worn as neckpieces.

The coordinated appearance created a colorful expression of Nigerian cultural identity while reinforcing the sense of unity that characterized the gathering.

As the formal program concluded, the ceremony transitioned into an extended social celebration. Members, inductees, and guests shared food and drinks before taking to the dance floor, with music and festivities continuing into the early hours of Sunday.

The presence of members and officials from different branches also gave the ceremony broader significance for Sugar Land, whose status as the First International Branch places it prominently in PCNI’s history outside Nigeria.

For Ulasi, however, the strongest indication of the event’s impact came afterward, as inquiries from prospective members continued to reach the branch.

He said that while the organization welcomes the increased interest, prospective members would be expected to understand the responsibilities and traditions associated with belonging to the People’s Club. “Membership is about much more than attending social events,” Ulasi said. “It is about service, friendship, responsibility, and commitment to one another. Those are the values we intend to preserve as the branch continues to grow.”

The September meeting is expected to consider how the branch will respond to increased membership interest and whether the success of the August ceremony provides sufficient grounds to move to an annual induction schedule. For the Sugar Land Branch, the aftermath of the August induction may prove as significant as the ceremony itself: 16 members entered the People’s Club that evening, but the celebration appears to have inspired many more to seek a place within its ranks.

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Houston

People’s Club Sugar Land Celebrates Landmark Induction of 16 New Members

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National President Atty. Fidelis Onyebueke hails First International Branch for a spectacular celebration of culture, fellowship and service

HOUSTON, TEXAS — The Sugar Land People’s Club of Nigeria International (PCNI), the organization’s First International Branch, has been declared a total success following a spectacular bi-annual induction ceremony that brought together national leaders, branch chairmen, patrons, members, and guests from across the People’s Club family.

National President Atty. Fidelis Onyebueke, who presided over the swearing-in ceremony, commended the Houston branch for delivering an outstanding event that reflected the organization’s enduring traditions of friendship, fellowship, service, and community.

Hon. Prof. Chris Ulasi, SLPCNI Chairman, leads the grand entrance of the national leadership during the induction ceremony, followed by National President Atty. Fidelis Onyebueke and his wife.

“The Houston branch has once again demonstrated what People’s Club represents at its very best. This was a beautifully organized and highly successful event, rich in culture, fellowship, dignity, and unity. I commend the leadership, members, and entire Houston family for an exceptional celebration worthy of the First International Branch.”

The ceremony witnessed the formal swearing-in of 16 new members, each of whom was individually invited forward to receive a certificate of membership from the national president. Onyebueke was assisted in administering the oath by PCNI Attorney Chukwuka John Ukadike.

Group Photo: Women Members and Associates of SLPCNI

The inductees joined an impressive gathering that reflected the diversity and strength of the People’s Club community. Members and guests traveled from various branches across the United States and beyond, transforming the Houston ceremony into a truly international gathering.

The cultural elegance of the occasion was equally striking. Women appeared in colorful, coordinated traditional attire, featuring red-pinkish blouses and matching head ties paired with white wrappers prominently designed with the PCNI logo. The ensemble created a distinctive and dignified traditional look. Men complemented the occasion with elegant all-white outfits, customized PCNI cap pins, and special PCNI sashes worn as neckpieces.

Among those in attendance were Grand Patron Ide Obinna Nnanyelugo Mbachu; Hon. Prof. Chris Ulasi, Group Chairman; patrons and chairmen from various branches, and People’s Club members representing chapters across the globe.

The formal proceedings eventually gave way to an extended celebration of friendship and camaraderie. Food, drinks, music, and dancing carried the festivities well beyond the scheduled program, continuing for hours into the early morning of Sunday.

For the Houston branch, the celebration represented more than the admission of new members. It reaffirmed the historic importance of the First International Branch and demonstrated the continuing strength of People’s Club as a transnational fellowship rooted in Nigerian identity, friendship, service, and mutual support.

The successful ceremony also underscored the organization’s ability to bring generations and branches together while preserving the cultural traditions that have sustained its membership across continents.

By the end of the celebration, Houston had delivered more than an induction. It had delivered a memorable demonstration of unity, culture, friendship, and organizational excellence—an event that fully embodied the People’s Club spirit.

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Houston Ready as People’s Club National President Arrives for Historic Sugar Land Branch Induction

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Atty. Fidelis Onyebueke’s arrival signals final preparations for the August 22 ceremony as the First International Branch prepares to welcome 17 new members into the People’s Club family

HOUSTON, TEXAS — Final preparations are underway in Houston as the Sugar Land People’s Club of Nigeria International (SPCNI), the First International Branch, puts the finishing touches on what promises to be a landmark evening of fellowship, leadership, and community celebration.

The arrival of Atty. Fidelis Onyebueke, National President of the People’s Club of Nigeria International, has added renewed excitement to the event, underscoring the significance of the Sugar Land branch and its place within the wider People’s Club family.

Grand Patron Ide Obinna Nnanyelugo Mbachu addresses Sugar Land PCNI’s August Conference. Insert: Atty. Fidelis Onyebueke, National President of the People’s Club of Nigeria International.

The organization will hold its 2026 Bi-Annual Induction Ceremony on Saturday, August 22, 2026, from 7:00 p.m. at the Igbo Catholic Community Hall, 8250 Creekbend Drive, Houston, Texas.

Seventeen distinguished men and women are expected to be formally inducted into the organization during the ceremony. The event is expected to bring together People’s Club members, community leaders, professionals, families, friends, and guests from Houston and beyond for an evening celebrating friendship, cultural identity, service, and community.

The arrival of Atty. Onyebueke is particularly significant because the Sugar Land organization is recognized as the First International Branch of People’s Club of Nigeria International.

Group photo during PCNI’s August Conference.

While People’s Club has grown into a broad network with branches in Nigeria, North America, and Europe, the Sugar Land branch occupies a unique place in that expansion. It represents the first international extension of the organization and continues to regard itself as a custodian of the principles established by the founders of People’s Club in Nigeria.

For the branch’s leadership, that history carries both pride and responsibility. Grand Patron Ide Obinna Nnanyelugo Mbachu said that the national leadership’s presence in Houston reinforces the importance of the occasion and the values the organization represents.

“This is more than an induction ceremony; it is a celebration of continuity, friendship, love, and service. The arrival of our National President makes this occasion even more meaningful because it connects our First International Branch directly with the larger People’s Club family. We are welcoming new members into a legacy that must be protected, strengthened, and passed forward.”

Mbachu said the organization’s enduring values remain relevant because they are rooted in the fundamental needs of society: friendship, mutual respect, fellowship, responsibility, and service.

 

From left: Inductee, Hon. Evangelist Philomena Umoh, Chief Executive Officer of BlessedComfort Home; New member, Hon. Shanteria Onyemem, Houston-based entrepreneur.

Among the seventeen inductees is Evangelist Philomena Umoh, Chief Executive Officer of BlessedComfort Home, a philanthropist and titled chief whose work and personal commitment to helping others have touched numerous lives. For Umoh, the forthcoming induction represents both a personal honor and an opportunity to join a community whose values closely align with her commitment to service.

“I am deeply honored and genuinely excited to become part of the People’s Club family. For me, this is not simply about receiving a title or joining a social organization. It is about belonging to a community that values friendship, service, love, compassion, and giving back. I look forward to contributing meaningfully and building lasting relationships.” Her induction adds another dimension to an occasion already defined by diversity of professional experience, community involvement, and public service.

From Left: Hon. Ike Nwokoye; Hon. Prof. Emmanuel Opara; Hon. Basil Mbuba; and Hon. Udoji Achebe.

 

Left: Hon. Sir Charles Eloka Ikebuaku, wife, and Hon. Dr. Chris Ulasi.

Hon. Prof. Chris Ulasi, the Group’s Chairman, said that the ceremony will represent an important moment for both the inductees and the organization. Ulasi said the branch is prepared to receive its new members and celebrate the enduring relationships that have sustained the organization.

“Everything is coming together for what we expect to be a memorable evening. We are excited to welcome our National President and our distinguished inductees. This ceremony is about strengthening the bonds that make our organization a true family.”

The chairman emphasized that membership is not merely ceremonial. According to him, those joining the organization become part of an established fellowship with expectations to participate, contribute, and help strengthen the community.

The August 22 event is expected to combine the formal traditions of induction with the warmth and conviviality for which the Sugar Land branch is known. For an organization rooted in Nigerian cultural traditions but operating in one of America’s most diverse metropolitan areas, the ceremony also represents the continuing evolution of the Nigerian-American community in Houston.

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