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Petroleum Industry Bill

President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

#EndSARS: President Buhari must immortalize, compensate victims of shootings – group

A group under the banner of Nigerian Youth Union (NYU), has called on President Muhammadu Buhari to sack all the Service Chiefs and reform the Nigerian Police Force to regain the trust and respect of Nigerians.

PIB: Oil companies to incorporate host community development trust

Oil companies operating in Nigeria are expected to incorporate a host community trust for social and economic benefit from petroleum operations in the host communities.
The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate passes PIB for second reading

The Senate on Tuesday at plenary passed for second reading the Petroleum Industry Bill (PIB).
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

No plans to Scrap NNPC in the PIB – minister

The Federal Government on Monday said that there are no plans to Scrap the Nigerian National Petroleum Corporation, NNPC in the Petroelum Industry Bill 2020 that has been transmitted to the National Assembly by President Muhammadu Buhari.
All Progressives Congress (APC) Nigeria

Strike: APC hails federal government, organised labour over truce

The ruling All Progressives Congress (APC) has commended the decision of organised labour to shelve its planned industrial action earlier slated to begin on Monday.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

Mele Kyari: Non-passage of PIB fuelling uncertainty in the oil, gas industry

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari on Tuesday, said the delay in the passage of the Petroleum Industry Bill (PIB) is fuelling uncertainty in the oil and gas industry.
Mele Kyari,

Foreign investors losing confidence in Nigeria’s oil industry – NNPC chief

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil and gas industry.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

NNPC boss decries wobbly Nigerian fiscal regime

Mallam Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.

DPR generates N742.4 billion revenue in eight months

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

DPR generates N742.4 billion revenue in 8 months

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.

TUC, others reject new fuel price, as petrol stations adjust pump

Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS, by the Petroleum Products Marketing Company, PPMC, with some of the stations raising the price to as high as N161 per litre.
Nigeria Labour Congress (NLC)

NLC rejects hike in fuel price as marketers sell for N161

The Nigeria Labour Congress has rejected the increase in price of Premium Motor Spirit, also known as petrol, from N148.50 per liter to N151.56 per litre.
Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies in the Nigeria petroleum industry.

Total: PIB to drive new wave of investments in Nigeria’s oil industry

Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies in the Nigeria petroleum industry.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

NPPC chief lists parametres to sustainable growth in Nigeria petroleum industry

For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele Kyari, Tuesday, urged the Industry stakeholders to evolve innovative ways to reposition the Sector for sustainability.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Petroleum Industry Bill for presentation to National Assembly in few weeks – minister

Chief Timipre Sylva, Minister of State for Petroleum Resources, says the Petroleum Industry Bill (PIB) will be presented to the National Assembly in the next few weeks.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

NNPC: We’ll deliver refineries mid-2023

The Nigerian National Petroleum Corporation (NNPC) has promised to get the refineries functional by mid-2023.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps set up 30-man c’ttee to accelerate passage of PIB

A thirty-member committee, with five members drawn from each of the six geo-political zones of the country, is expected to start work on the bill in the third week of this month, newsmen learnt, weekend.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 5

Senator Lawan: Nobody is above scrutiny of the National Assembly

President of the Senate, Ahmad Lawan, has said that nobody is above the scrutiny of the National Assembly.

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President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

Eid-el-Maulud: President Buhari preaches love, honesty

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Democratic White House hopeful Joe Biden cast his ballot in the US presidential race Wednesday in Delaware, six days before the end of a turbulent campaign pitting him against incumbent Donald Trump.

CAF president confirms candidacy for re-election

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AFCONQ: Kaizer Chiefs confirm Daniel Akpeyi’s Super Eagles call-up

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