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Tag "PIB"

PIB: A melting pot for national assembly

    PIB: A melting pot for national assembly

By ABU QUASSIM Penultimate Monday, while receiving a delegation of the International board of the Extractive Industry Transparency Initiative (EITI) and the Nigeria Extractive Industry Transparency Initiative (NEITI), Yakubu Dogara,

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EXCLUSIVE: ‘New PIB’ strips president of discretionary power to allocate oil blocks

    EXCLUSIVE: ‘New PIB’ strips president of discretionary power to allocate oil blocks

The new draft of the controversial petroleum industry bill (PIB) strips the president of the discretionary powers to allocate oil blocks, TheCable understands. The bill now confers the power to

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NNPC to shut ailing refineries by December

    NNPC to shut ailing refineries by December

The Nigerian National Petroleum Corporation (NNPC) would be shutting down state-owned refineries if they do not perform optimally by December. Ohi Alegbe, spokesman of the corporation, revealed this in Abuja

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Petrol will soon be cheaper, says Osinbajo

    Petrol will soon be cheaper, says Osinbajo

Vice-President Yemi Osinbajo has revealed that the Muhammadu Buhari administration is working on a medium-term reduction of the pump price of petroleum products. The professor of law said the government

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Orosanye, PIB and other NES21 resolutions

  Orosanye, PIB and other NES21 resolutions

As the 21st Nigerian Economic Summit (NES) concluded on Thursday, recommendations were made for the Muhammadu Buhari led administration to

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Reps begin consideration of PIB report

  Reps begin consideration of PIB report

The federal house of representatives on Wednesday commenced consideration of its ad-hoc committee’s report on the Petroleum Industry Bill (PIB),

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Like House, Senate to expedite action on PIB

  Like House, Senate to expedite action on PIB

Deputy Senate President, Ike Ekweremadu, has assured Nigerians and stakeholders in the Petroleum sector that the National Assembly would fast-track its

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At last, House to pass PIB ‘in 4 months’

  At last, House to pass PIB ‘in 4 months’

Speaker of the Federal House of Representatives, Aminu Tambuwal, has promised that the lower chamber would pass the Petroleum Industry Bill

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