Petroleum Industry Bill

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari, said international investors are divesting from the nation’s oil and gas industry owing to loss of confidence occasioned by the absence of a…

Ahead of its introduction to the National Assembly, the lawmakers together with the presidency, have started work on a new version of the Petroleum Industry Bill (PIB) with the assurance of its passage and assent this year.  …

President of the Senate, Ahmad Lawan, said on Monday that issues of security in the country, Petroleum Industry Bill (PIB) and electoral reforms are topmost on the agenda of the Senate as the upper chamber reconvenes on Tuesday. Lawan…

Chief Timipre Sylva, Minister of State for Petroleum Resources, says a review of the Petroleum Industry Bill (PIB) is at an advanced stage and full passage of the bill is expected mid-2020. Sylva made the announcement on Wednesday, in a…

 GBOLABO AFUWAPE. Alhaji Kassimu Kurfi, a chartered accountant and capital market expert, at the weekend in Lagos, warned that the anticipated N400 billion cut from the 2019 budget will impoverish about 90 million Nigerian…

Nigerian Breweries Plc has announced two new Non-Executive directors to its Board of Directors. NB In a notification to the Nigerian Stock Exchange (NSE) disclosed the two as Mr Oluseyi Bickersteth and Mrs Adeyinka O. Aroyewun…

President Muhammadu Buhari, alongside top government officials together with stakeholders in the oil and gas sector are expected at the 40th anniversary celebrations of Petroleum and Natural Gas Workers Senior Staff Association (PENGASSAN)…

Nigeria’s government plans to create a powerful energy regulator with broad oversight of the oil and gas sector, according to draft versions of sweeping reforms known collectively as the Petroleum Industry Bill (PIB).…