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Tag: Petroleum Industry Bill (PIB)

Buhari seeks approval for humongous $4bn, €710m external loans

Business

OPEC Secretary Barkindo congratulates Buhari on PIB

He added that the enactment of the legislation was timely as the investment outlook had become clouded by efforts aimed…
Nigeria on path of greatness - Lawan

News

Lawan constitutes Conference Committee on PIB

Senate President Ahmad Lawan, has announced the composition of the Conference Committee on the Petroleum Industry Bill (PIB).
Northern State Governors’ Forum pays tribute elder statesman and Chairman of PANDEF, Chief Edwin Clark who died on Tuesday.

Headlines, News

PIB: Niger Delta serves rejection notice with warning

Elder statesman, Chief Edwin Clark has described the newly passed Petroleum Industry Bill (PIB), satanic, unjust and embarrassing to Niger…
Babajide Omoworare

News

PIB: Buhari’s aide Omoworare commends NASS for breaking 20 year-jinx

The passage of the Petroleum Industry Bill (PIB) by the National Assembly on Thursday broke a 20 year-old jinx, Sen.…
Nigeria on path of greatness - Lawan

News

Senate to consider Petroleum Industry Bill report Thursday

Senate on Tuesday received the report of the Joint Committee on Petroleum (Downstream); Petroleum (Upstream) and Gas Resources on the…

News

Reps to pass PIB 2021

The House of Representatives said it will pass the Petroleum Industry Bill (PIB) before the end of 2021.
Timipre Sylva

News

Petroleum Industry Bill will solve production sharing contracts – Sylva

Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that the Petroleum Industry Bill (PIB) currently before the…
Centre for the Promotion of Private Enterprise (CPPE) warns that continued rate hikes by MPC of the CBN could further stifle economic growth.

Business

LCCI calls for passage of Petroleum Industry Bill (PIB)

The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to ensure the passage of a competitive…
Ahmad Lawan, Senate President

Business

Senate receives Petroleum Industry Bill

The Senate on Tuesday said it has received the Petroleum Industry Bill from the Federal Government.

News

Lawan, Gbajabiamila vow to break PIB jinx

Senate President Ahmad Lawan and the Speaker, House of Representatives, Femi Gbajabiamila have promised to break the jinx of not…

Business

NNPC will be commercialised not scrapped: Sylva speaks on PIB

Minister of State for Petroleum, Timipre Sylva said the new draft Petroleum Industry Bill (PIB) sent to National Assembly has…

Business, Headlines

Buhari set to overhaul oil sector in new bill, NNPC, PPPRA, PEF to go

President Muhammadu Buhari's administration is set to overhaul Nigeria's oil sector, according to a bill sent to the National Assembly.
RMAFC on Tuesday reacts to ongoing controversies over the salaries and allowances being paid to members of the National Assembly.

News

Senate to revisit Petroleum Industry Bill

The Senator representing Ogun Central Senatorial District and Chairman of the Senate Committee on Capital Market

News

Senate begins consultation with Executive over PIB

President of the Senate, Ahmed Ibrahim Lawan, on Wednesday, disclosed that the National Assembly has started consultation with the Executive…

News

Final passage of PIB expected by mid 2020 – Minister

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the review of the Petroleum Industry Bill (PIB) is at…

News

PIB, the most politicised bill in National Assembly – Rep. Akpatason

Rep. Peter Akpatason, Deputy Leader of the House of Representatives has said that the Executive and Legislative arms of government…

News

9th Assembly will end jinx of PIB passage — Lawan

The President of the Senate, Dr. Ahmad Lawan on Thursday assured Nigerians of a conclusive reform in the Nigerian oil…

News

New PIB will accord efficiency in oil sector – Dogara

The House of Representatives says new Petroleum Industry Bill (PIB) being processed by the National Assembly will enable Nigeria operate…

News

PIB lacks value generation – PTDF

Executive Secretary, Petroleum Technology Development Fund (PTDF), Dr Aliyu Gusau says the Petroleum Industry Bill (PIB) awaiting presidential assent has…

News

NASS tasked on speedy passage of all PIB components

An advocacy group, Civil Society Legislative Advocacy Centre (CISLAC), has urged the National Assembly to urgently pass all components of…

News

Lawmaker says PIB will address fuel crises in Nigeria

Rep. Joseph Akinlaja, the Chairman, House of Representatives Committee on Petroleum Resources (Downstream), said on Tuesday the passage of the…
Nigerian Senate

News

Senate to prioritize PIB, Social Justice Bill, others

The Senate has said that it would prioritise the passage of the Petroleum Industry Bill (PIB) upon resumption from its…

News

PIB passage will reform oil sector – Rep

A member of House of Representatives, Rep. Sergius Ogun, says passage of the Petroleum Industry Bill (PIB) will be the…

Business

National Assembly told to review PIB

Some experts in the Nigerian oil and gas industry on Monday called on the leadership of the new National Assembly…

Business

NUPENG suspends nationwide strike

The National Union of Petroleum and Natural Gas (NUPENG) said on Tuesday that had suspended its planned nationwide strike. NUPENG’s…

Business

Nigerian Senate to resume public hearing on PIB

The Nigerian Senate says it will resume another round of public hearing on the Petroleum Industry Bill (PIB) on 9…

Business

Enterpreneur Calls For Quick Passage Of PIB

An oil and gas entrepreneur, Mr Wilson Opuwei, has called for the quick passage of the Petroleum Industry Bill (PIB)…

Opinion

Oil Theft: No To Death Penalty

Recently, the President of the Senate, David Mark, while inaugurating the Senate Joint Committee on the Petroleum Industry Bill (PIB)…

Business

Oil Theft: Lawyers Disagree With David Mark On Death Penalty

Some lawyers in Lagos on Wednesday described the suggestion of death penalty for illegal oil bunkering as unrealistic, in view…

Opinion

Re: 83% Blocks For Northerners: A Monumental Scandal

By Ben Nanaghan On March 6, 2013, the Nigeria Senate in a closed door session debated the salient aspects of…