PIB

We lost $50bn due to non-passage of PIB – Buhari

Nigeria lost an estimated $50 billion worth of oil and gas industry investments in ten years as a result of…

3 years ago

PIB: Fuel subsidy stays for now, says petroleum minister

Sylva to speak on subsidy, NNPC unbundling today Minister of State for Petroleum Resources Timipre Sylva has said fuel subsidy…

3 years ago

PIB assent not instant subsidy removal, says MOMAN

The signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari does not mean automatic removal of…

3 years ago

Just in: Buhari signs Petroleum Industry Bill into law

President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law. A statement by the President’s Special Adviser…

3 years ago

NNPC COO sacked in major shakeup ahead of PIB implementation

The Nigerian National Petroleum Corporation has announced the disengagement of its Chief Operating Officer, Gas & Power, Engr. Yusuf Usman,…

3 years ago

PIB: Senate moves to harmonise lawmakers divergent positions

Senate President Ahmad Lawan on Tuesday constituted the conference committee on the Petroleum Industry Bill. The members of the conference…

3 years ago

Southern govs insist on region producing next president

...reject PIB's  3% oil profit share for host communities The Southern Governors’ Forum rose from a meeting in Lagos on…

3 years ago

Finally, Senate passes PIB, awards host communities 3% oil profit

The Senate on Thursday finally passed the Petroleum Industry Bill shortly after the lower house had also passed it for…

3 years ago

Senate receives PIB report, to consider it on Thursday

The Senate on Tuesday received a report on the Petroleum Industry Bill (PIB) and plans to consider it on Thursday.…

3 years ago

Nigeria loses $235bn to non-passage of PIB – Omo-Agege

Deputy President of the Senate, Senator Ovie Omo-Agege, has said Nigeria has lost $235 million due to the long delay…

4 years ago