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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).
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.
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 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.
Lionel Messi warned Barcelona that LaLiga's title race is not yet over after his 50th career hat-trick inspired a 4-2 win at Sevilla.
The Comptroller of Prisons, Lagos State Command, Tunde Ladipo, says there are no cases of ballot box snatching by political thugs in all the places his team visited during the Presidential and National Assembly elections in the state.
The Independent National Electoral Commission (INEC) said it is satisfied with the ongoing conduct of the elections so far from the reports it has received from the 36 states and FCT.
Shehu Sani is seeking re-election to the Senate under the Peoples Redemption Party (PRP) while Uba Sani is vying on the platform of the All Progressives Congress (APC).
Hundreds of eligible voters’ in several parts of Ilorin metropolis were unable to cast their votes at the commencement of voting on Saturday following malfunctioning of smart card readers.
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Friday alerted members of the public about ongoing security investigation into fake $100 bills allegedly imported into Nigeria from India.
President Muhammadu Buhari on Monday said the Independent National Electoral Commission (INEC) owed Nigerians detailed explanation for its decision to delay the general elections.
Germany’s current account surplus shrank but remained by far the world’s largest in 2018 due to strong exports, according to data from the Ifo Institute on Tuesday that is likely to renew criticism of Chancellor Angela Merkel’s fiscal policies.
President Muhammadu Buhari, on Monday, said that the Independent National Electoral Commission, must not take Nigerians for granted.
President Tsai Ing-wen has said Taiwan will not accept any deal that damages its sovereignty and democracy, after the island's China-friendly party said it may sign a peace agreement with Beijing if it wins next year's presidential elections.