Tags Petroleum Industry Bill (PIB)
Tag: Petroleum Industry Bill (PIB)
Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that the Petroleum Industry Bill (PIB) currently before the National Assembly will resolve the issues under the Production Sharing Contracts (PSC) on gas.
The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to ensure the passage of a competitive Petroleum Industry Bill (PIB) that would make Nigeria an investment destination of choice.
Minister of State for Petroleum, Timipre Sylva said the new draft Petroleum Industry Bill (PIB) sent to National Assembly has not recommended scrapping of the state oil corporation, NNPC.
President Muhammadu Buhari's administration is set to overhaul Nigeria's oil sector, according to a bill sent to the National Assembly.
President of the Senate, Ahmed Ibrahim Lawan, on Wednesday, disclosed that the National Assembly has started consultation with the Executive arm of government on a new version of the Petroleum Industry Bill to be introduced in the ninth National Assembly.
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the review of the Petroleum Industry Bill (PIB) is at an advanced stage and full passage of the bill is expected mid-2020.
Rep. Peter Akpatason, Deputy Leader of the House of Representatives has said that the Executive and Legislative arms of government must sit with experts in the oil sector
The President of the Senate, Dr. Ahmad Lawan on Thursday assured Nigerians of a conclusive reform in the Nigerian oil and gas industry, saying the ninth National Assembly will quicken the passage of Petroleum Industry Bill (PIB).
The House of Representatives says new Petroleum Industry Bill (PIB) being processed by the National Assembly will enable Nigeria operate at efficiency standards expected of 21st-century oil and gas industry.
An advocacy group, Civil Society Legislative Advocacy Centre (CISLAC), has urged the National Assembly to urgently pass all components of the Petroleum Industry Bill (PIB) to transform the petroleum sector.
Rep. Joseph Akinlaja, the Chairman, House of Representatives Committee on Petroleum Resources (Downstream), said on Tuesday the passage of the Petroleum Industry Bill (PIB) would solve the current fuel crises in the country.
The Senate has said that it would prioritise the passage of the Petroleum Industry Bill (PIB) upon resumption from its recess on Tuesday.The Chairman...
Some lawyers in Lagos on Wednesday described the suggestion of death penalty for illegal oil bunkering as unrealistic, in view of global changes.Reacting to...
By Ben NanaghanOn March 6, 2013, the Nigeria Senate in a closed door session debated the salient aspects of the Petroleum Industry Bill (PIB)....