Tag: Petroleum Industry Act
How new executive order may collapse financial framework of oil and gas operations in Nigeria
Industry stakeholders have raised fresh concerns over the potential long-term consequences of the Federal Government’s recent Executive Order altering key…
Situating NNPCL’s role within Petroleum Industry Act
Recently, Dr. Olisa Agbakoba, one of Nigeria’s most respected lawyers, called for the repeal of the Petroleum Industry Act(PIA) 2021.…
Ijaw Youths declare Buhari, Sylva ‘persona non grata’
The Ijaw youths said the two leaders have ignored the plight of the people over the years, a development they…
Buhari blames Jonathan, OBJ, Yar’Adua for loss of $50B oil sector investment
The past leaders, he said, lacked political will to enact the Petroleum Industry Act(PIA), a historic feat that he has…
PIA goes into force, Sylva heads steering committee
The steering committee is headed by the Minister of State, Petroleum Resources, Timipre Sylva.
Petroleum Industry Act: PDP demands immediate amendment
The Peoples Democratic Party (PDP) has advised President Muhammadu Buhari to immediately forward to the National Assembly an amendment bill…