The President of Nigeria, President Muhammadu Buhari has approved a committee to immediately commence the implementation of the Petroleum Industry Act (PIA). The steering committee, which…
Browsing: Petroleum Industry Bill
Nigeria’s President, Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. According to a statement signed by presidential spokesperson Femi Adesina, President Buhari signed…
The Nigerian Senate on Thursday passed the Petroleum Industry Bill known as PIB. The bill was passed during the Plenary after careful consideration of each of…
Nigerian lawmakers have passed the Petroleum Industry Bill. The bill is the longest piece of legislation to be passed into law in Nigeria. One of the…
The Executive Secretary of NCDMB, Simbi Wabote, has advised other International Oil Companies to emulate Total Exploration and Production Company in sponsoring new projects and to stop being discouraged by the deferred passage of the Petroleum Industry Bill.
“We are confident that this piece of legislation will stand the test of time. In as much as we are eager to pass the bill, we will not circumvent legislative process. It is our hope and belief that the bill will be passed by the end of the first quarter of year 2021.”
The Petroleum Industry Bill (PIB) has passed the second reading in Nigeria’s House of Representatives. The lawmakers passed the widely anticipated bill on Tuesday upon their…
Nigeria’s energy law has a feature is an answer to what many in the country have been asking for. Divestment of the Nigerian National Petroleum Corporation…