The presidency has mocked past leaders of Nigeria after President Muhammadu Buhari signed the Petroleum Industry Bill into law. Despite opposition to the bill from… Read More »Buhari Succeeded Where Obasanjo, Jonathan And Yar’Adua Failed – Presidency
The South-East APC Young Progressives Forum led by Comrade Paschal Candle has commended President Muhammadu Buhari over the signing of the Petroleum Industry Bill into… Read More »Group commends Buhari on achievements in S/E
The House of Representatives has stepped down the controversial Petroleum Industry Bill after an hour-long closed-door session. Earlier, some lawmakers from the South-South had protested… Read More »House Of Reps Steps Down PIB
Nigeria Minister of State for Petroleum Resources, Timipre Sylva, has said President Muhammadu Buhari will soon sign into law the Petroleum Industry Bill. There have… Read More »Buhari To Sign PIB Into Law – Sylva
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill by… Read More »OPEC commends Buhari, NASS on PIB
Total Exploration and Production Nigeria Ltd. says the Petroleum Industry Bill (PIB) will provide the stability needed to attract adequate funding for new investments in… Read More »PIB To Attract Adequate Funding For New Investments – Total
The House of Representatives, says it will pass the Petroleum Industry Bill (PIB) before the end of 2021. Rep. Benjamin Kalu, the spokesperson for the… Read More »Reps To Pass PIB In 2021
South-South Governors, on Tuesday, demanded the upward review from 2.5 per cent to 10 per cent, appropriated to the Trust Fund for host oil Communities… Read More »PIB: South-South Governors Demand 10% For Oil Host Communities
Gov. Nyesom Wike of Rivers on Thursday advocated that the Petroleum Industry Bill (PIB), currently before the National Assembly, should allocate 10 per cent oil… Read More »Wike Wants PIB To Allocate 10 per cent Of Revenue To Oil-bearing Communities
Sen. Albert Akpan, the Chairman of Senate Committee on Petroleum Resources Upstream, says the Petroleum Industry Bill (PIB) will provide a framework for addressing infrastructure… Read More »PIB Will Address Infrastructure Deficit In Oil Producing Areas – Sen. Akpan
Bayelsa State Governor, Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill (PIB) was grossly inadequate… Read More »Bayelsa Governor Diri Says 2.5% Revenue in PIB For Host Communities ‘Unacceptable’ to Niger Delta
Speaker of House of Representatives Femi Gbajabiamila says the lawmakers plan to pass Petroleum Industry Bill (PIB) by April. Gbajabiamila made the announcement while speaking… Read More »Reps To Pass PIB In April- Gbajabiamila
President of the Senate, Ahmed Lawan has said the Ninth Assembly will pass the Petroleum Industry Bill (PIB) and secure a presidential assent by May… Read More »Senate To Pass Petroleum Industry Bill On May 29
Nigerians on Twitter are making the hashtag #NigeriansDemandPIB trend to emphasise the need for the passage of the bill. The Petroleum Industry Bill (PIB) was… Read More »Why The Petroleum Industry Bill Is Trending On Twitter
President of the Senate, Ahmad Lawan, said on Wednesday that the National Assembly remained committed to its Legislative Agenda which also prioritises the Electoral Reforms… Read More »Lawan Reiterates NASS Desire To Pass Electoral Reforms Bill By Q1 2021
Sen. Ovie Omo-Agege, the Deputy President of Senate, says the new Petroleum Industry Bill (BIP) will help drive the nation’s economy through added value and… Read More »Omo-Agege Says Passage Of PIB Will Add Value, Wealth To Oil Sector
A financial expert, Mr Pedro Omontuemhen, says Nigeria has suffered a loss of over $30 billion investments in the oil and gas sector due to… Read More »Delay In PIB Passage Affecting Foreign Investment — Expert
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licenses for oil and gas companies who neglect their obligations… Read More »PIB: Minister To Revoke Licences Of Oil Firms Over Neglect Of Host Communities
