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Petroleum Industry Administration Bill

Expert: Oil companies shut down fields for 180 days annually

A former Director of the Department of Petroleum Resources (DPR) and Lead Consultant to the National Assembly on the Petroleum Industry Bill (PIB), Mr. Osten Olorunsola, has disclosed that oil and gas companies operating in the country shut down producing fields for up to 180 days yearly as a result of the operational challenges in the Niger Delta.

PIB: NNPC calls for simplified fiscal terms

The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to consider simplifying the fiscal provisions in the Petroleum Industry Fiscal Bill (PIFB) to ensure easy implementation of the law.

Senator Saraki lists gains of three new PIBs

The President of the Senate, Dr Bukola Saraki, has said that the three new Petroleum Industry Bills (PIB) being considered by the Senate will boost economic growth.

President Buhari urged to sign PIGB Bill

Prof. Wumi Iledare of the University of Port Harcourt, has urged President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill (PIGB) passed by the National Assembly.

Saraki lists Senate’s priorities in next two years

President of the Senate, Bukola Saraki, has listed passage of both the Petroleum Industry Administration Bill and the Petroleum Industry Fiscal Policy Bill for the oil sector as part of the priorities for the 8th Senate when it resumes from annual recess.

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Archbishop of Enugu Ecclesiastical Provence, Church of Nigeria, Anglican Communion, Dr. Emmanuel Chukwuma

Bishop Chukwuma challenges Governor Ugwuanyi on legacy projects

Most Rev. Emmanuel Chukwuma, Archbishop of Enugu Ecclesiastical Province, Anglican Communion, has appealed to Gov. Ifeanyi Ugwuanyi of Enugu State to leave legacies that posterity would remember him for.

NDLEA: 27 million involved in illicit drugs globally

The National Drug Law Enforcement Agency (NDLEA), has expressed worry over prevalent cases of drug abuse among youths in the country.
Governor of Edo State, Mr. Godwin Obaseki

Central bank, BoI mull financing window for Edo Creative Hub

The Central Bank of Nigeria (CBN) and the Bank of Industry (BoI), have disclosed plans to partner with the Edo State Government to ease access to finance to creators at the Edo Creative Hub.

Police confirm Lagos man kills wife, son, self

The police in Lagos said a 42-year-old man, Enifeh Omomo, allegedly committed suicide after killing his wife and their six-year-old son at their Ikorodu residence.
This picture taken on Tuesday, July 17, shows trucks completely blocking a section of the Oshodi-Apapa Expressway at Second Rainbow inward Mile 2, and commercial buses driving against traffic.

Truckers hails removal of navy from controlling Apapa traffic

The Federal Government’s withdrawal of the Nigerian Navy and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.