PIB

A traditional ruler in Nembe, Bayelsa State, King Edward Dakoro, has urged the Niger Delta region to cooperate with the Federal Government as it pursues passage of the Petroleum Industry Bill (PIB). Dakoro, a former Minister of Petroleum…

As the world gradually moves away from fossil fuel, the national he Nigerian National Petroleum Corporation (NNPC) has resolved to cut down production cost to $10 per barrel so as to be competitive in the volatile market and deliver value…

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, on Thursday gave reasons why the nation's refineries were shut down. Kyari, who appeared before the House of Representatives Committee on…

The Speaker of the House of Representatives, Femi Gbajabiamila, has directed government agencies yet to defend their 2021 budget estimates to come forward and do so. The speaker made the call on Tuesday on the resumption of plenary by…

Nigeria will again be able to start the 2021 budget cycle by January following the assurance by the President of Senate, Ahmed Lawan that next year appropriation bill will be passed by the second week in December 2020. The federal…

Petroleum Industry Bill (PIB) was introduced to the National Assembly in 2007 contrary to all Nigerians expectations. The Bill, in its wholesale form, has survived three presidents and four convocations of the National Assembly. After all…

The Nigerian National Petroleum Corporation (NNPC) has said it would collaborate with the National Assembly to ensure speedy passage of the Petroleum Industry Bill (PIB), which has been in the works for close to two decades.…

President of the Senate, Ahmad Lawan and Speaker of House of Representatives, Femi Gbajabiamila, have assured Nigerians that the ninth Assembly will pass the petroleum industry bill. Lawan and Gbajabiamila said the time had come for the…

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…

TAYO ELEGBEDE The long awaited Petroleum Industry Bill (PIB) will be forwarded to the National Assembly in two weeks, the Federal Government has confirmed. The Minister of State for Petroleum Resources, Chief Timipre Sylva,…