Home Topics Petroleum Industry Governance Bill
Petroleum Industry Governance Bill
Some cross section of environmental experts and professionals in the upstream and downstream sector, on Thursday, urged President Muhammadu Buhari to quickly assent to the Petroleum Industry and Governance Bill (PIGB).
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 harmonised Bill which has been in the Assembly for over three years before it was passed in June after some sections were harmonised by the two Chambers of the Assembly was sent to the Executive by the National Assembly leadership on Tuesday, July 3.
The Senate on Tuesday said it would revisit calls for State Police and design framework for mopping up 350 million light weapons suspected to be in circulation within Nigeria.
The National Assembly on Friday said it had finally transmitted the final harmonised copy of the Petroleum Industry Governance Bill (PIGB) to President Muhammadu Buhari for assent, making it the second time it has claimed to do so in about one month even though the presidency denied receiving the bill at the first occasion.
Stakeholders in the oil and gas industry have asked President Muhammadu Buhari to sign into law the Petroleum Industry Governance Bill passed by the National Assembly.
The Budget was increased by the legislature by N508 billion, from N8.61 trillion proposed by President Muhammadu Buhari in Appropriation Bill presented to the assembly in November, 2017.
The Presidency has said the Petroleum Industry Governance Bill (PIGB) which was harmonised on March 28, is yet to get to the desk of President Muhammadu Buhari.
The National Assembly has sent a copy of the harmonised Petroleum Industry Governance Bill to President Muhammadu Buhari for assent.
The Nigerian National Petroleum Corporation (NNPC) on Saturday allayed fears that pump price of petrol might move up following National Assembly’s recent passage of the Petroleum Industry Governance Bill (PIGB), which levied a five per cent petrol tax.
Nigerians will have to pay more for fuel as the National Assembly on Wednesday passed the much touted Petroleum Industry Governance Bill (PIGB) with 5 percent levy on fuel sold across the country.
Oil marketers and the Organised Private Sector (OPS) on Sunday, canvassed for two regulatory bodies to regulate the oil industry under the Petroleum Industry Governance Bill [PIGB] currently before the National Assembly.
With the June 2018 deadline fast approaching for submission of the amended draft Petroleum Industry Governance Bill by the National Assembly to the president for assent, oil and gas industry experts on Tuesday expressed their views on expectations about the new law.
Senator Omotayo Alasoadura, chairman, senate committee on upstream, says the Petroleum Industry Governance Bill (PIGB) will be harmonised and presented for presidential assent by March 30.
Indications emerged on Sunday that workers of the Department of Petroleum Resources (DPR), and the Petroleum Products Pricing Regulatory Agency (PPPRA) would be absorbed into the new petroleum industry regulator to be set up by the Petroleum Industry Governance Bill (PIGB).
The Nigerian National Petroleum Corporation (NNPC) says the National Assembly has assured that the Petroleum Industry Bill (PIB) will be passed by June.
The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, said the Launch of the Oil and Gas road map tagged “7 BigWins’’ has brought about many development in the oil and gas sector in the country.
12Page 1 of 2
The Presidency on Friday came down hard on some leaders who recently faulted the way President Muhamamdu Buhari is handling the nation’s security challenges, describing them as selfish leaders.
Asian markets advanced Friday, with Shanghai gaining two percent as China's weak yuan currency defied US President Donald Trump's criticism of a strong dollar and Fed rate hikes.
After Juve completed the £105m signing of Cristiano Ronaldo from Real Madrid last week, the Serie A club need to sell some players due to UEFA's FFP rules.
An NGO, Women Arise for Change Initiative, says the act of vote-buying should be criminalised as it could rob Nigerians of genuine and quality representation in government.
A quack doctor, Adewale Owolanke, operating an illegal hospital, which have caused the death of many innocent people, has been arrested.
The Arewa Consultative Forum (ACF), has appealed to the Katsina State Government to intensify efforts on drainage construction.
Former Premier League referee Dermot Gallagher says the decision to give France a penalty against Croatia in Sunday's World Cup final in Moscow was "100 per cent" wrong.
No fewer than five persons have been arrested by police in Ado Ekiti for allegedly distributing money to voters during the governorship election .