Wednesday, September 19, 2018

Tag "Petroleum Industry Governance Bill (PIGB)"

    PIB: Don’t shower lawmakers with gifts, Saraki warns oil companies

PIB: Don’t shower lawmakers with gifts, Saraki warns oil companies

Senate President Bukola Saraki has warned oil companies not to induce lawmakers during the consideration and passage of the fiscal and host communities bill.The bill is one of the four parts of the petroleum industry bill.According to a statement by Sanni Onogu, Saraki’s chief press secretary, the lawmaker made this statement while speaking on Tuesday.The bill, which seeks reforms in [...]

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    NEITI: PIGB will eliminate huge losses in petroleum sector

NEITI: PIGB will eliminate huge losses in petroleum sector

The Nigeria Extractive Industries Transparency Initiative (NEITI) says passage of the Petroleum Industry Governance Bill (PIGB) will eliminate huge losses in the petroleum sector.The agency said this in a statement issued by Orji Ogbonnaya Orji, its director of communications.NEITI also called for a speedy passage in the house of representatives for a concurrence to the bill.He described the passage of the [...]

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    Q&A: 9 things to know about PIGB

Q&A: 9 things to know about PIGB

The senate passed the petroleum industry governance bill (PIGB), which is the first part of the petroleum industry bill (PIB)PIB has been in the works since the tenure of former President Olusegun Obasanjo who led Nigeria between 1999 and 2007.Here are nine questions to help you understand what the bill is all about.Q: When did all this reformation talk start?A: Efforts [...]

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Exchange Rates

September 18, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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