Petroleum Industry Bill – InfoStride News

Petroleum Industry Bill: Niger Delta Leaders list gains; praise Buhari, Sylva, Lawmakers

Adewale A. — Fri, 02 Jul 2021 22:33:09 +0000

Niger Delta leaders today highlighted the gains of the Petroleum Industry Bill (PIB), declaring the passage by the 9th Nigeria National Assembly as a pointer to Nigeria’s path to greatness and development. “It is another benchmark for ensuring transparency and accountability in the oil and gas industry. We see a country on the point of [...]

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House of Reps Set To Pass Another Petroleum Industry Bill

David Folami — Thu, 01 Jun 2017 20:56:50 +0000

The House of Representatives says it will pass a more holistic Petroleum Industry Bill (PIB) that will encompass interests of host communities and fiscal regulation of the oil industry. Chairman of the House Committee, Petroleum Upstream, Rep. Victor Nwokolo (Delta-PDP), stated this on Thursday, while speaking to journalists at the sideline of a workshop organised [...]

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Pictures from the PIB Public Hearing at the Nigerian Senate Today

Ade Adewale — Wed, 07 Dec 2016 13:32:46 +0000

See the pictures from the PIB Public Hearing at the Nigerian Senate today in Abuja. 1. Senate President, Dr. Abubakar Bukola Saraki (Center), with Chairman Senate Committee on Downstream Petroleum, Senator Kabiru Marafa (Left), and Chairman Senate Committee on Upstream Petroleum, Senator Donald Omotayo Alasoadura at the Senate Public Hearing on the The Petroleum Industry Bill (PIB). [...]

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CNPP Urges President Buhari To Withhold Assent To Amended CCB/CCT Act

Ade Adewale — Sun, 30 Oct 2016 16:54:46 +0000

…Urges NLC, TUC, Others To Join Forces Against NASS Action The Conference of Nigeria Political Parties (CNPP) has strongly condemned the amendment to the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) Act by the National Assembly (NASS) and urged President Muhammadu Buhari not to sign the amended Act. The CNPP [...]

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6 Major Takeaways from Senator Saraki’s Economic Speech

Ade Adewale — Tue, 20 Sep 2016 20:49:10 +0000

On Tuesday, September 20th, the Senate resumed its plenary activities after its yearly recess. For his resumption speech, the Senate President, Dr. Abubakar Bukola Saraki, delivered opening remarks that centred solely around the economy. Saraki stated that over the next few months, the focus of the Senate would be to save Nigeria’s economy from collapse. [...]

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Breaking The Petroleum Industry Bill Jinx: The Workings Of A New National Assembly

Wale Adebayo — Sat, 13 Feb 2016 22:17:51 +0000

Nigerians sometimes wonder where the many challenges of our nation stem from. However, when you learn of the fact that Nigeria loses as much as USD15 billion as a result of not passing one law, the Petroleum Industry Bill (PIB), then one cannot help but understand that the inadequacies in our system must be addressed. [...]

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Federal Government Proposing To Split NNPC Into Two Companies

Wale Adebayo — Tue, 08 Dec 2015 19:51:14 +0000

The Federal Government has broken up the Petroleum Industry Bill (PIB) into different versions and is proposing breaking the Nigerian National Petroleum Corporation (NNPC) into two companies – the Nigeria Petroleum Assets Management Company (NPAM) and a National Oil Company (NOC) that would be run on commercial lines and partly privatised. According to reports, the [...]

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Saraki Boasts Senate Under His Leadership Will Break PIB Jinx

Wale Adebayo — Tue, 24 Nov 2015 21:07:53 +0000

The Senate President, Dr. Bukola Saraki yesterday pledged that the 8th Senate would break the jinx and the long-awaited Petroleum Industry Bill (PIB) to stimulate the country’s economy. Speaking during the inauguration of 12 standing committees of the Senate, Saraki said the legislature this time around has adopted the Bill as one of their legislative [...]

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Strengthen The Independence Of EFCC And ICPC, Hon. Dogara Advices President Buhari

Wale Adebayo — Tue, 17 Nov 2015 17:01:56 +0000

Speaker of the House of Representatives, Hon. Yakubu Dogara, yesterday called on President Muhammadu Buhari (PMB) to strengthen the independence of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for effective functioning. Speaking, yesterday, in Abuja, at the beginning of a two-day National Assembly dialogue on economy, [...]

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