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Tag "Petroleum Industry Bill"

Twitter ban, embargo on SIM card sales… decisions that impacted Nigerian economy in 2021

    Twitter ban, embargo on SIM card sales… decisions that impacted Nigerian economy in 2021

As 2021 draws the curtain to usher in 2022, it is important to look at some of the events that impacted the economy. While many Nigerians believe that nothing can

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PIA: Beyond fanfare and reservations

    PIA: Beyond fanfare and reservations

BY MON-CHARLES EGBO At last, the tortuous journey to strengthen Nigeria’s oil and gas sector came to an end with President Muhammadu Buhari’s assent to the Petroleum Industry Bill, PIB,

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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 a landmark achievement for the country. On Monday, President Muhammadu

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‘You’ve inaugurated a new era in oil sector’ — OPEC hails Buhari for signing PIB into law

    ‘You’ve inaugurated a new era in oil sector’ — OPEC hails Buhari for signing PIB into law

The Organisation of Petroleum Exporting Countries (OPEC) says the assent of President Muhammadu Buhari to the Petroleum Industry Bill (PIB) will usher in a new era for the oil sector.

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‘It’s a callous act’ — PANDEF hits Buhari for signing PIB into law ‘despite outcry’

  ‘It’s a callous act’ — PANDEF hits Buhari for signing PIB into law ‘despite outcry’

The Pan Niger Delta Forum (PANDEF) says the signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu

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PIB and 3% fund for host communities?

  PIB and 3% fund for host communities?

A major reason why identified problems don’t ever get solution in Nigeria is because we have elites who prefer to

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OPEC: N’assembly has engraved itself in gold by passing PIB

  OPEC: N’assembly has engraved itself in gold by passing PIB

Mohammad Barkindo, secretary-general, Organisation of Petroleum Exporting Countries (OPEC), has commended Nigeria for passing the Petroleum Industry Bill (PIB), saying

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Babs Omotowa: PIB focus should be on growing the industry — not sharing gains

  Babs Omotowa: PIB focus should be on growing the industry — not sharing gains

Babs Omotowa, former managing director of Nigeria Liquefied Natural Gas Limited (NLNG), says the Petroleum Industry Bill (PIB) focus should

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

  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

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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

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