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Rep: Why lawmakers increased frontier basin exploration fund to 30%

Uju Kingsley Chima, a lawmaker representing Ohaji-Egbema/Oguta/Oru West federal constituency, says the 30 percent allocation for oil exploration will benefit all Nigerians. Chima, who was also a member of the

EXPLAINER: Is 3% for host communities in PIB to be taken from 13% derivation?

On Thursday, the national assembly passed the landmark Petroleum Industry Bill (PIB) — a bill that seeks to provide guidance and fiscal framework for the oil and gas industry. The

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