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Petroleum Industry Governance Bill

National Assembly passes 2018 Budget with N508bn increment

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.

Presidency: Petroleum Industry Bill yet to reach President Buhari

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.

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.

National Assembly sends harmonised PIGB to President Buhari

The National Assembly has sent a copy of the harmonised Petroleum Industry Governance Bill to President Muhammadu Buhari for assent.

PIGB: Pump price remains N145 per litre – NNPC

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.

National Assembly passes PIGB, imposes 5 percent fuel levy

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.

PIGB: Oil marketers advocate two oil industry regulators

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.

Experts: What Nigerians expect from proposed petroleum industry law

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 Alasoadura: PIGB to be presented for President Buhari’s assent by March 30

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.

PIGB: No plans to sack DPR, PPPRA workers – Ibe Kachikwu

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).

NNPC: National Assembly has assured PIB will be passed by June

The Nigerian National Petroleum Corporation (NNPC) says the National Assembly has assured that the Petroleum Industry Bill (PIB) will be passed by June.

Minister Ibe Kachikwu reels out gains of oil, gas road map

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.

Nigeria, Niger sign pact to build refinery in Katsina

Nigeria and the Niger Republic, will in 60 days time sign binding bilateral and technical agreements that will enable both countries develop and build a new petroleum refinery in a Katsina State town which borders both countries, the Ministry of Petroleum Resources has disclosed.

NEITI laments poor use of oil, gas industry audit findings by federal lawmakers

The Nigeria Extractive Industries Transparency Initiative, NEITI on Thursday lamented the National Assembly’s poor use of past findings in its audit reports on the oil and gas industry operations.

House of Reps pass petroleum industry bill

The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and final reading.

Delta govt invites Avengers for dialogue over threat to resume bombing

Deputy Governor of Delta State and Chairman, Delta State Advocacy Committee Against Vandalism of Oil and Gas Facilities, Mr. Kingsley Otuaro, has appealed to the Niger Delta Avengers, NDA, to sheathe their swords and come to the dialogue table.

PIGB to curtail stealing, revenue loss in oil industry – NEITI

The Nigeria Extractive Industries Transparency Initiative, NEITI, Sunday, commended the National Assembly for the passage of the Petroleum Industry Governance Bill, PIGB, stating that the Bill would stem the massive loss of revenue recorded in the petroleum industry, arising from corrupt practices and process lapses.

PIGB will end fuel scarcity, ensure oil industry transparency – Senator Saraki

The Senate President, Bukola Saraki, has said that the passage of the Petroleum Industry Governance Bill, PIGB, by the House of Representatives on Wednesday, following the Senate’s passage of the bill last May, represents a historic milestone in Nigeria.

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INEC flags off issuance of 100,000 PVCs in Nasarawa

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Nipah virus kills five, dozens quarantined in India

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NLC: Governor el-Rufai is not God

The Nigeria Labour Congress (NLC) has warned northern governors not to adopt the policies of Kaduna State Governor, Mallam Nasir El-Rufai, especially in the area of retrenchment of workers; a policy the body said was targeted at inflicting pain and sorrow on the people.

Lagos APC: Obanikoro, Igbokwe condemn parallel congress

Former Minister of State for Defence, Senator Musiliu Obanikoro, and Lagos State All Progressives Congress (APC) Publicity Secretary, Engr. Joe Igbokwe, have condemned the conduct a parallel congress that produced Mr. Fouad Oki as factional chairman of the party in the state.