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PIB’s Fate Uncertain As Elections Take Centre Stage

PIB’s Fate Uncertain As Elections Take Centre Stage   The fate of the Petroleum Industry Bill (PIB) is still hanging in the balance as none of the four bills in which it was split into has become law a few months to the end of the...

Senate Kicks As Adeosun, Others Shun PIB Hearing

Senate Kicks As Adeosun, Others Shun PIB Hearing   The Minister of Finance, Kemi Adeosun; Minister of State for Petroleum Resources, Ibe Kachikwu; and Governor of the Central Bank of Nigeria, Godwin Emefiele, were among the top Federal Government officials absent from the public hearing held...

Senate Passes PIB into law, Approves Creation of two Firms

Senate Passes PIB into law, Approves Creation of two Firms The Senate has broken over 15 years jinx by passing into law the most awaited Petroleum Industry Governance Bill. Senate President, Bukola Saraki while commenting on the bill said “this is a Bill PIGB that has...

NNPC Proposes Revisions in Petroleum Industry Governance Bill

In a presentation at the Public hearing organized by the Joint Senate Committee on the Petroleum Industry Governance Bill, Group Managing Director of the NNPC, Dr. Maikanti Baru, said that though the Corporation is in support of the decision to present the Governance and...

Government renames PIB as PRB, submits draft bill to National Assembly soon

The Federal Government may have renamed the Petroleum Industry Bill (PIB) as Petroleum Reform Bill (PRB). The draft bill is expected to be submitted to the National Assembly in the next few weeks. Speaking yesterday in Abuja at the Nigeria Gas Association (NGA) 10th international...