House of Reps Speaker assures that the PIB will be passed in April 2021
Femi Gbajabiamila has revealed that the lower legislative chamber intends to pass the PIB in April 2021.
Tag: Petroleum Industry Bill
IOCs reject deep water provisions in PIB
IOCs claim deepwater provisions in PIB will deter investments in the Sector.
Senate President lists benefits of PIB as public hearing on the bill opens
Ahmad Lawan has listed the benefits of the PIB presently before the National Assembly for consideration.
Senate President says PIB will increase Nigeria’s oil revenue
Lawan has assured Nigerians that the Senate will prioritise the PIB when it resumes sitting later in the month.
Downstream players suffer revenue declines due to Covid-19, forex, fuel subsidy
2020 has no doubt been one of the most challenging years for players in the oil and gas downstream sector, ...
We will pass PIB, Electoral Act before end of 2021- Senate President
Lawan has assured Nigerians that the Electoral Act and the Petroleum Industry Bill will be passed into law before the ...
FG assures oil companies of lower taxes in new PIB
Timipre Sylva has disclosed that the much anticipated PIB will include provisions for lower taxes to sustain stable investments in ...
Petrol price to increase further, FG to add strategic reserves’ management cost
The pump price of petrol may be witnessing an increase as FG is set to add to it, strategic reserves’ ...
New PIB amends royalties by oil firms as Sylva clarifies position on scrapping of NNPC
The Minister has clarified that the new PIB seeks to commercialize the NNPC rather than scrap it.
President Buhari to scrap NNPC, PPPRA as he submits new PIB to National Assembly
The President has recommended the scrapping of the NNPC and PPPRA in the new PIB submitted to the National Assembly.
