Kyari Decries PIB Delay, Says Foreign Investors Losing Confidence
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil...
PIB To Drive New Wave Of Investments In Nigeria’s Oil Industry — Total
Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies...
PIB Ready For National Assembly - Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva, on Thursday assured that the Petroleum Industry Bill (PIB) will be presented to the National Assembly in the next few weeks.
Sylva said the executive arm would be requesting the...
Investments Drying Up Over Delay In PIB Passage ― Experts
Nigeria would continue to be faced with severe cases of capital flight and paucity of new investments in its oil and gas sector if it continues to delay in passing the Petroleum Industry Bill (PIB)...
Sylva: Final Passage Of PIB Expected By Mid 2020
Chief Timipre Sylva, Minister of State for Petroleum Resources, says review of the Petroleum Industry Bill (PIB) is at an advanced stage and full passage of the bill is expected mid-2020.
Sylva made the announcement on Wednesday,...
Non-passage Of PIB , Regulations Stall About $100bn Oil Projects
With drawbacks in the passage of the Petroleum Industry Bill (PIB), as well as various unfavourable fiscal and regulatory frameworks, stakeholders have estimated $100 billion worth of projects awaiting final investment decisions in Nigeria’s oil...
