No new oil & gas developments has kicked off since PIA was signed
The Petroleum Industry Act (PIA) was passed in August 2021
Tag: Petroleum Industry Act
Buhari says no more government funding for NNPC, now free from regulations
Buhari expressed optimism that the NNPC Limited would sustainably deliver value to its over 200 million shareholders and the global ...
NNPC, stakeholders meet on soonest implementation of PIA
The Minister of State for Petroleum Resources has said that NNPC has kicked off steps for the implementation of the ...
Cost of fuel subsidy increased by 890% in 5 years – SBM Intelligence
The costs of fuel subsidy in Nigeria increased by 890% over a five year period (2017-2021) in Nigeria even though ...
FG says N3 trillion is required to continue paying for fuel subsidy
The Nigerian government will require the sum of N3 trillion to continue paying for fuel subsidy.
Should Nigeria outsource its oil production to China?
Another dismal monthly oil production count, another deficit behind the production quota granted by OPEC+, and another missed opportunity to ...
FG proposes 18 months extension for removal of fuel subsidy, seeks amendment of PIA
The Federal Government says it is proposing an 18 months extension of the implementation of the fuel subsidy removal policy. ...
IPMAN backs FG’s plans to remove fuel subsidy in 2022
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that it supports the Federal Government’s decision to remove subsidy ...
NNPC allays fears over fuel scarcity, insists there is enough petroleum products supply
The Nigerian National Petroleum Corporation (NNPC) has insisted that there are enough supplies of petroleum products in the country, allaying ...
Buhari replaces Auwalu with Ahmed as Chief Executive Officer of NPRA
President Muhammadu Buhari has in a written communication asked the Senate to replace the nomination of Sarki Auwalu as the ...
