Home Topics Petroleum Industry Fiscal Bill
Petroleum Industry Fiscal Bill
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.
The Nigerian National Petroleum Corporation, NNPC, yesterday, called for a downward review of the duration of petroleum licences as stipulated in the draft Petroleum Industry Administrative legislation, PIAB, currently before the National Assembly.
Governor Ben Ayade of Cross River has raised alarm over the increasing number of Cameroonian refugees in the state following the arm struggle and demand of Ambazonia Republic in Cameroon.
Senegal defender Papy Djilobodji has been sacked by Sunderland after the defender breached his contract and failed a fitness test, the club confirmed on their official website on Wednesday.
Pope Francis has accepted the resignation of a Brazilian bishop, the Vatican said Wednesday, after reports of his arrest for allegedly stealing $600,000 of church funds.
Pope Francis will host a meeting in February of senior bishops from around the globe to discuss "the protection of minors", the Vatican announced on Wednesday.
A Peoples Democratic Party (PDP), presidential aspirant, Dr. Attahiru Bafarawa, has said that presidential aspirants under the aegis of the party were united in the removal of the ruling All Progressives Congress-led Federal government out of power in 2019.
Trouble is brewing within the People’s Democratic Party (PDP) in Cross River State as prominent members and aspirants for the National Assembly seats, across the 18 local government areas protested against automatic tickets being offered incumbent federal legislators.
A former governor of Jigawa State, Sule Lamido, has responded to a statement in which former vice president, Atiku Abubakar, said Lamido would step down for him in the presidential race.
Rivers State Governor, Chief Nyesom Ezenwo Wike, has declared that contrary to the propaganda of the ruling All Progressives Congress (APC), he is not against the Federal Government, saying that he is only committed to the fight against injustice.
“This is the new Spain”, hailed the country’s top sports daily Marca, after Luis Enrique’s new dawn began with an affirming 2-1 win over England at Wembley on Saturday.
The Kwara State Governor, Abdulfatah Ahmed, has declared his intention to run for the Senate.