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Tag "petroleum industry bill (PIB)"

NBS: Abia, Ebonyi, Lagos paid highest for petrol in August

    NBS: Abia, Ebonyi, Lagos paid highest for petrol in August

The National Bureau of Statistics (NBS) says Abia, Ebonyi, and Lagos States paid the highest amount for premium motor spirit (PMS), better known as petrol, in August 2021. The average

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PwC: Petroleum Industry Act will attract investors to Nigeria, strengthen naira

    PwC: Petroleum Industry Act will attract investors to Nigeria, strengthen naira

PricewaterhouseCoopers (PwC) says the Petroleum Industry Act (PIA) will attract more investments to the Nigerian oil and gas sector. Uyi Akpata, country senior partner at PwC Nigeria, in a statement

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Osinbajo: Petroleum Industry Act will transform Nigeria’s energy sector

    Osinbajo: Petroleum Industry Act will transform Nigeria’s energy sector

Vice-President Yemi Osinbajo says the Petroleum Industry Act and the country’s energy initiatives will help transform Nigeria into a gas-based industrialised nation. He said they would also create a better-managed

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PIA: 3% for host communities, 30% frontier exploration fund will deplete federation account, says Fayemi

    PIA: 3% for host communities, 30% frontier exploration fund will deplete federation account, says Fayemi

Kayode Fayemi, governor of Ekiti state, says the 30 percent allocation from Nigerian National Petroleum Corporation (NNPC) profit oil and gas for frontier exploration and three percent of operating expenditure

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PIA: We’ll ensure host communities utilise 3% allocation judiciously, says Akpabio

  PIA: We’ll ensure host communities utilise 3% allocation judiciously, says Akpabio

Godswill Akpabio, minister of Niger Delta affairs, says the agency will ensure host communities make judicious use of three percent

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Nigeria lost investments worth $50bn to non-passage of PIB, says Buhari

  Nigeria lost investments worth $50bn to non-passage of PIB, says Buhari

President Muhammadu Buhari says Nigeria lost $50 billion worth of investments in the past 10 years due to uncertainty created

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Buhari to host communities: Petroleum Industry Act will bring real, lasting benefits

  Buhari to host communities: Petroleum Industry Act will bring real, lasting benefits

President Muhammadu Buhari has asked host communities to accept the provisions of the Petroleum Industry Act (PIA). Buhari on Wednesday made

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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

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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)

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Newspaper Headlines: Petrol may sell for N300 as Buhari signs PIB into law

  Newspaper Headlines: Petrol may sell for N300 as Buhari signs PIB into law

The reactions to the signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari dominated the headlines

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