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Tag "PIA"

Oil theft: Falana seeks details on N17bn tech monitoring schemes acquired by PEF

    Oil theft: Falana seeks details on N17bn tech monitoring schemes acquired by PEF

Femi Falana, human rights lawyer, has asked the federal government to provide information on the installation of technology monitoring schemes and structure by petroleum equalisation fund (PEF) approved in 2018.

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Petrol subsidy: FG proposes 18 months extension for PIA implementation

    Petrol subsidy: FG proposes 18 months extension for PIA implementation

The federal government says it will propose 18 months extension to the national assembly for the implementation of the Petroleum Industry Act (PIA). Accordingly, this will allow the federal government

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‘Timing was problematic’ — FG postpones petrol subsidy removal

    ‘Timing was problematic’ — FG postpones petrol subsidy removal

The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”. Subsidy or under-recovery is the underpriced sales of premium motor

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Ifeanyi Araraume dropped as Buhari appoints new board of NNPC Limited

    Ifeanyi Araraume dropped as Buhari appoints new board of NNPC Limited

President Muhammadu Buhari has appointed Margret Chuba Okadigbo as board chairman of the Nigerian National Petroleum Company (NNPC) Limited. Margret is the wife of the late former senate president, Chuba

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Sylva: Nigeria to become highest producer of petrochemicals

  Sylva: Nigeria to become highest producer of petrochemicals

Timipre Sylva, minister of state for petroleum resources, says Nigeria aims to become the highest producer of petrochemicals in the world.

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Mele Kyari tasks NETCO on leveraging the PIA for increased profitability 

  Mele Kyari tasks NETCO on leveraging the PIA for increased profitability 

Mele Kyari, group managing director, Nigerian National Petroleum Company (NNPC) Limited, has urged the National Engineering and Technical Company (NETCO) to take

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NUPRC advocates sustainability of Nigerian content policies in oil and gas sector

  NUPRC advocates sustainability of Nigerian content policies in oil and gas sector

Gbenga Komolafe, chief executive officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called for the development of strategies for the

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Timely implementation of the PIA will transform oil and gas industry, says Bala Wunti

  Timely implementation of the PIA will transform oil and gas industry, says Bala Wunti

Bala Wunti, group general manager, National Petroleum Investment Management Services (NAPIMS), says timely operationalisation of the Petroleum Industry Act (PIA)

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Zainab Ahmed: FG will pay Nigerians transport allowance after fuel subsidy removal

  Zainab Ahmed: FG will pay Nigerians transport allowance after fuel subsidy removal

Zainab Ahmed, minister of finance, says the federal government will pay Nigerians transport allowance after removing fuel subsidy. Speaking during

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Implementing a robust PIA

  Implementing a robust PIA

“Sound judgement, with discernment, is the best of seers” – Euripides (famed Ancient Greek Tragedian) Since President Muhammadu Buhari signed

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