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Tag "Petroleum Industry Act"

PDP’s criticism of Petroleum Industry Act irresponsible, says APC

    PDP’s criticism of Petroleum Industry Act irresponsible, says APC

The All Progressives Congress (APC) says the comments by the Peoples Democratic Party (PDP) against the Petroleum Industry Act is “irresponsible”. The ruling party said this after the opposition party

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Commercialisation of NNPC, two regulatory agencies… what you need to know about the new Petroleum Act

    Commercialisation of NNPC, two regulatory agencies… what you need to know about the new Petroleum Act

After more than two decades in the works, President Muhammadu Buhari on Monday assented to the Petroleum Industry Bill (PIB). While many stakeholders in the oil and gas sector applauded

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NEITI: Petroleum Industry Act will increase inflow of investments, revenue growth

    NEITI: Petroleum Industry Act will increase inflow of investments, revenue growth

The Nigeria Extractive Industries Transparency Initiative (NEITI) has described the assent of President Muhammadu Buhari to the Petroleum Industry Bill (PIB) as a historic development. Orji Ogbonnaya Orji, executive secretary

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Wike: 3% for host communities not enough to tackle environmental pollution

    Wike: 3% for host communities not enough to tackle environmental pollution

Nyesom Wike, governor of Rivers state, says the 3 percent provision for host communities in the Petroleum Industry Act (PIA) is not enough to address the environmental challenges in the

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‘It’s a landmark achievement’ — Gbaja hails Buhari for signing PIB into law

  ‘It’s a landmark achievement’ — Gbaja hails Buhari for signing PIB into law

Femi Gbajabiamila, speaker of the house of representatives, says the signing into law of the Petroleum Industry Bill (PIB) is

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Rewane: 3% allocation to host communities in Petroleum Industry Act is unfair

  Rewane: 3% allocation to host communities in Petroleum Industry Act is unfair

Bismarck Rewane, managing director, Financial Derivatives Company (FDC) Limited, says 3 percent allocation for oil-producing communities in the Petroleum Industry

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