CSR-in-Action Unveils PIA Implementation Report At 12th SITEI Summit

The CSR-in-Action, is set to launch its inaugural Petroleum Industry Act implementation progress report at the forthcoming 12th Sustainability in the Extractive Industries (SITEI) Conference, scheduled for Tuesday, 31 October 2023, at Victoria Island, Lagos.

The Petroleum Industry Act (PIA) when enacted in 2021, marked a significant milestone in Nigeria’s history, signifying a concerted effort to address a myriad of challenges and promote equitable development in regions endowed with abundant natural resources.

However, scant research has been conducted to investigate the ramifications of this legislation, particularly in relation to its effects on the lives of individuals residing in Nigeria’s oil-producing regions, with a particular focus on women.

To bridge this knowledge gap, CSR-In-Action assumed the responsibility of investigating the extent to which the PIA has influenced the well-being of women in the affected communities.

Chief executive of CSR-in-Action and co-convener of SITEI Bekeme Masade-Olowola, expressed her excitement about the report stating that “The PIA has been hailed as a game-changer, and this piece of research seeks to provide vital insights into its progress, potential, and challenges in its implementation, especially as it affects women, a key stakeholder group. We make recommendations for how this Act could be a tool for uniform, equitable, and robust development.”