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4 President Muhammadu Buhari addressing the Leaders of the delegation, His Majesty Eze Dr. Isaac Ikonne, Enyi 1 of Aba and his delegation in an audience at the State House in Abuja. PHOTO; SUNDAY AGHAEZE. SEPT 14 2018

NGO: President Buhari rightly rejected PIGB

A non-governmental organisation, Social Action, has lauded President Muhammadu Buhari for refusing to assent to the Petroleum Industry Governance Bill recently passed by both chambers of the National Assembly.
Senator Ita Solomon Enang, senior special assistant to the president on national assembly matters (senate),

PIGB: Nigerians should be glad President Buhari withheld assent – Senator Enang

Presidential aide, Sen. Ita Enang, has said that rather than expressing displeasure, Nigerians should be glad that President Muhammadu Buhari withheld assent to the Petroleum Industry Governance Bill (PIGB).

NCDMB: We didn’t complain over rail infrastructure, PIGB delay

The Nigerian Content Development and Monitoring Board (NCDMB) has debunked the sensational headlines reported in some newspapers last week to the effect that the Board has queried the infrastructural development in the rail sector and delayed passage of the Petroleum Industry Governance Bill (PIGB).
President Muhammadu Buhari

CISLAC: President Buhari’s refusal to assent to PIGB disappointing

The Civil Society Legislative Advocacy Centre (CISLAC) has described as ‘disappointing’ the refusal by President Muhammadu Buhari to assent to the Petroleum Industry and Governance Bill (PIGB) sent to him by the National Assembly, urging him to re-think his decision in the national interest.

Presidency: Why President Buhari declined assent to PIGB

The Presidency on Thursday said President Muhammadu Buhari declined assent to the Petroleum Industry Governance Bill for several reasons, including some provisions being in divergence with present administration’s policy.
Nigerian National Petroleum Corporation (NNPC)

PIGB: Ex-NNPC chief blames Senate for President Buhari’s refusal to assent bill

Following the refusal of President Muhammadu Buhari to assent his signature to the Petroleum Industry Governance Bill (PIGB), a former Group Executive Director (GED) Engineering and Technology, Nigerian National Petroleum Corporation (NNPC), Dr Godswill Ihetu, has blamed the Senate for removing the powers of the Minister to allocate oil bloc on discretions.

PIGB: Ex-VP Atiku Abubakar urges President Buhari to have a rethink

Former Vice President Atiku Abubakar has urged President Muhammadu Buhari to have a rethink on his decision not to give his assent to the Petroleum Industry Governance Bill.
Nigerian National Petroleum Corporation (NNPC)

NNPC to establish two condensate refineries

Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day.
3 President Muhammadu Buhari presides over Federal Executive Council Meeting held at the Council Chambers in State House. PHOTO; SUNDAY AGHAEZE. AUGUST 1ST 2018

President Buhari withholds assent to PIGB

President Muhammadu Buhari has withheld assent to the Petroleum Industrial Governance Bill (PIGB). The decision is coming after 17 years of rigorous consultations and legislative hassles on the document.
Nigerian National Petroleum Corporation (NNPC)

NNPC chief seeks more clarification on funding of NPAMC in PIGB

Group managing director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru has sought for clarification on the funding structure for the proposed Nigerian Petroleum Asset Management Company (NPAMC) in the Petroleum Industry Governance Bill (PIGB).

NNPC seeks action on economic diversification

Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Monday called for proactive actions to reduce the country’s dependence on oil and gas.

Labour: Revoke licences of DISCOs, GENCOs to arrest worsening power supply

The organised labour has called on the Federal Government to immediately review the privatisation of the power sector and revoke the licences of Electricity Generation Companies, GENCOs and Electricity Distribution Companies, DISCOs, to tackle the worsening power situation in the country.
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.

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