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
Tag "petroleum industry bill (PIB)"
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
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
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
Godswill Akpabio, minister of Niger Delta affairs, says the agency will ensure host communities make judicious use of three percent
President Muhammadu Buhari says Nigeria lost $50 billion worth of investments in the past 10 years due to uncertainty created
President Muhammadu Buhari has asked host communities to accept the provisions of the Petroleum Industry Act (PIA). Buhari on Wednesday made
The Nigeria Extractive Industries Transparency Initiative (NEITI) has described the assent of President Muhammadu Buhari to the Petroleum Industry Bill
Nyesom Wike, governor of Rivers state, says the 3 percent provision for host communities in the Petroleum Industry Act (PIA)
The reactions to the signing of the Petroleum Industry Bill (PIB) into law by President Muhammadu Buhari dominated the headlines