While responding to questions on economy and investment, the Masters Energy Chief Executive said a good investment environment must be created to attract direct foreign investment and also promote local products.
Superlative performance as senate grills Ogah for 1hr
* Says passage of PIB ’ll stimulate investment
By Steve Oko
The Abia ministerial nominee and Governorship candidate of the All Progressive Congress, APC, in the 2019 poll, Dr. Uchechukwu Ogah has put up a superlative performance at the Senate secreeing on Wednesday.
The oil magnet who was grilled for one hour by the upper legislative chamber thrilled his audience as well as fans as he boldly provided apt answers to 20 hot questions fired at him by the distinguished senators.
Responding to one of the questions on the controversial Petroleum Industry Bill, PIB, Ogah said the bill would help to stimulate investment in the country when passed into law.
“Once the Petroleum Industry Bill is passed, it will help the economy in ensuring that investors will come into the country, and once they have guaranteed crude oil”, Ogah said.
The oil baron was asked other questions bordering on the economy, investment, unemployment, downstream and upstream sectors of the oil industry, as well as youths.
The industrialist, therefore, urged the National Assembly to put in place, laws that would help protect investment in the country.
He noted that massive investment which would create massive job opportunities was what Nigeria seriously needed to be out of her economic woes.
Meanwhile, the avalanche and nature of questions thrown at the oil merchant particularly on economy and the oil sector have triggered speculations that the Uturu -born industrialist, and philanthropist may be saddled with the Oil Ministry or Trade & Investment.
Nine other nominees screened along with Ogah were Godswill Akpabio, Akwa Ibom State; George Akume, Benue State; Rotimi Amaechi, Rivers State; and Ogbonnaya Onu, Ebonyi State;
Others were Olorunnibe Mamora, Lagos State; Emeka Nwajuaba, Imo State; Olamilekan Adegbite, Ogun; Adamu Adamu, Bauchi and Sharon Ikeazor, Anambra State.
Eight nominees are expected to be screened Thursday according to the Senate President, Ahmad Lawan.
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