PIB
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People & Money
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…
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People & Money
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…
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People & Money
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…
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People & Money
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…
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People & Money
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…
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People & Money
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…
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People & Money
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.…
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People & Money
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,…
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