PIB

PIB: Counting the cost and listing the gains:

PIB: Counting the cost and listing the gains:

On Thursday, 1 July 2021, The Petroleum Industry Bill (“PIB”) was passed by the National Assembly. The PIB was initially… Read More

4 years ago

PIB: Harmonization Committee Meetings Deadlocked, canvass Positions Along North/South Divides

The  joint  committee of the National Assembly set up to harmonise the positions of  the senate and House  of Representative… Read More

4 years ago

Breaking: Senate Passes PIB, Approves 3% for Host Community Trust Fund

The Senate on Thursday passed the Petroleum Industry Bill (PIB) with the approval of three percent for host community trust… Read More

4 years ago

PIB: Reps Request Memoranda from Nigerians, Schedule Passage for March 2021

The House of Representatives on Wednesday expressed the commitment of the National Assembly to overhaul the nation's oil and gas… Read More

5 years ago

PIB: Osinbajo Says Nigeria’s Gas Fiscal Provisions Most Attractive in Africa

Vice President Yemi Osinbajo has projected that the fiscal provisions for gas business in the Petroleum Industry Bill (PIB) would… Read More

5 years ago

Buhari’s PIB to Open NNPC to Nigerian and Foreign Investors

The proposed Petroleum Industry Bill (PIB) will create an opportunity for Nigerian and foreign investors to buy shares in the… Read More

5 years ago

Buhari Gives Nod to the Petroleum Industry Bill, Sends Draft to Senate

The core laws governing oil and gas exploration and production in Nigeria have not been significantly revised since the 1960s.… Read More

5 years ago

PIB Delay: NNPC Boss Says Investors Losing Confidence in Nigeria

Lack of stability in the fiscal environment is impeding the development of the Nigerian petroleum industry, particularly the upstream sector,… Read More

5 years ago