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President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 4th July 2018

Experts urge President Buhari to fast track PIGB signing

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).

Expert: Oil companies shut down fields for 180 days annually

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.

Senator Saraki: Senate to revisit calls for state police

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.

National Assembly: PIGB transmitted to President Buhari

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.

President Buhari urged to sign Petroleum Industry Governance Bill

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.

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).

House of Reps members vow to veto President Buhari on Peace Corps Bill

Members of the House of Representatives have reacted to the rejection of Nigerian Peace Corps Bill by President Muhammadu Buhari.

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.

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