By Uthman Salami and Ariemu Ogaga Stakeholders and experts in the Nigerian oil and gas have expressed delight and satisfaction over the presidential assent to the Petroleum Industry Bill (PIB), which has since become law, by President Muhammadu Buhari after…
By Kayode Tokede As President Muhammadu Buhari signed into law the Petroleum Industry Bill (PIB) into law, capital market analysts have expressed that the impact might not translates into listed Oil & gas companies on the Nigerian Exchange Limited. The…
…PIB’ll open up investment in petroleum sector – Uwaleke …signing marks a significant milestone for Nigeria’s oil industry — OPEC …it has ended decades of uncertainty in Nigeria’s oil and gas sector – NEITI By Uthman Salami Since it was…
Sen. Biobarakuma Degi-Eremienyo (APC – Bayelsa East) has urged Niger Delta senators not to instigate violence in the region by making malicious and unfounded statements over the recently passed Petroleum Industry Bill (PIB). The lawmaker made the call at a…
The Senate has passed the conference committee report of the Senate and House of Representatives on the Petroleum Industry Bill, 2021. The passage followed the approval of the recommendations contained in its conference committee report on a Bill for and…
By Uthman Salami Major stakeholders in the oil and gas have registered their displeasure over the provision in the Senate version of the Petroleum Industry Bill (PIB) that placed right to licence of petrol import to only those who are…
By Uthman Salami The Depots and Petroleum Products Marketers Association (DAPPMAN) and Major Oil Marketers Association of Nigeria (MOMAN), have said that absence of free and open market in the downstream sector will end up killing off small businesses and…
By Jerry Lazarus I finally had an opportunity to go through the senate and house committee reports on the PIB. The main thrust of the bill is to open up the Nigeria oil and gas industry to investment, strengthen industry…
…as Northern elders knock southern governors By Our correspondents The Northeast Governors Forum have on Tuesday demanded inclusion in 30 percent share for oil exploration contained in the recently passed Petroleum Industry Bill (PIB) by the National Assembly. The reaction…
…Back zoning Presidency to South …Re-emphasise need for State Police …Approve September 1, 2021 for anti open-grazing law By Moses Adeniyi & Joshua Elekwachi The forum of Southern Governors have rejected the allocation of 30 percent profit of proposed Nigerian…
