PIB

10 Articles
Oil and Gas

Petroleum Minister Says Oil Companies Will Leave Nigeria If FG Increase 3% Host Communities Fund

Worried about the passage of the Petroleum Industry Bill, the Minister of State for Petroleum, Timipre Sylva, has said that increasing the three...

Oil and Gas

President Buhari Signs PIB Into Law

President Muhammadu Buhari has officially signed the Petroleum Industry Bill (PIB) 2021 into law.   Femi Adesina, Special Adviser to the President (Media...

President of the Senate Ahmed Lawan
Oil and Gas

PIB: Demons Behind Non-Passage Finally Defeated – Lawan

The Senate recorded a historic feat on Thursday with the passage of the complete version of the Petroleum Industry Bill (PIB) which defied...

Oil and Gas

Akpabio Lack Morality To Ask South South Govs To Account For 13% Derivation-Wike

Governor of Rivers State, Nyesom Ezenwo Wike has taken a swipe at the Minister of Niger Delta Affairs, Senator Godswill Akpabio, for accusing...

News

PIB: South South Governors Demand 10% As Host Community Trust Fund

Governors of the South-South States have demanded an upward review of the provision of 2.5 percent as Host Community Trust Fund in the...

Oil and Gas

AYADE: PIB Must Address Delisting Of Cross River As Oil Producing State 

As the Joint Committee on Petroleum Industry Bill (PIB) tours the country for stakeholders' inputs, Cross River State governor, Sir Ben Ayade, has...

Oil and Gas

Approve Not Less Than 10 Percent For Host Communities In PIB – Wike

Rivers State Governor,  Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill...

Oil and Gas

PIB: 2.5% For Host Communities Not Acceptable – Gov. Diri

The Bayelsa State Governor, Senator Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill...

Oil and Gas

IMO Govt Tasks Lawmakers To Beam Searchlight On Oil Industry Over Sharp Practices

The Imo state government has called on the National Assembly to review operations and management of the Oil and Gas Industry in Nigeria...

Oil and Gas

Delta Presents Position On PIB, Wants Role Of Host Communities Prioritised   

The Delta State Government has presented its position on the Petroleum Industry Bill (PIB) before the National Assembly where it sorts for legislations...