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Petroleum Industry Bill
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.
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 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 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.
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.
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.
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.
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.
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.
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.
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.
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.
President of the Senate, Ahmad Lawan, has said that nobody is above the scrutiny of the National Assembly.
President Muhammadu Buhari on Wednesday met with a former Minister of Defence, Gen. Theophilus Danjuma (retd.).
President Muhammadu Buhari has urged all Nigerians to seize the opportunity of this year’s Eid-el-Maulud to reflect on the virtues of the Holy Prophet by showing love and understanding for fellow citizens.
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.
The Confederation of African Football President Ahmad Ahmad has announced his intention to run for a second term in office.
South African giants, Kaizer Chiefs, has confirmed that goalkeeper, Daniel Akpeyi, has received a call up for Super Eagles’ 2022 Africa Cup of Nations double-header against Sierra Leone in November.
Advocates for People’s Rights and Justice (APRJ) has condemned the deployment of soldiers against peaceful protesters in some states of the federation.
Kwara State Governor, Abdulrahman Abdulrazaq, has condemned the looting of palliatives stored at the Agro-Mall in Ilorin, the state capital.
The Fire Academy of Nigeria (FAN), Ibadan, Oyo State, is to train 10,000 fire professionals in three years to reduce fire incidents and create jobs for unemployed youths in the country.
The Northern States Governors’ Forum has expressed concern that the ongoing protests have been taken over by hooligans, ethnoreligious bigots, and political marauders bent on destroying the country.
Media Rights Agenda (MRA) today condemned recent attacks against journalists and media houses in some parts of the country, particularly in Lagos, by State and non-State actors in the wake of the #EndSARS protests, describing the actions as reprehensible acts of intimidation and reprisals against media workers and organizations engaged in the lawful pursuit of their professional functions.