Tuesday, 18th January 2022
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Breaking News:

Petroleum Industry Bill

5 Jul 2021
The Niger Delta Congress (NDC) has picked holes in the newly passed Petroleum Industry Bill (PIB), saying it came as “one legislation too many, aimed at purloining the resources of Niger Delta.”
4 Jul 2021
Last week’s passage of the Petroleum Industry Bill (PIB) by the National Assembly may appear a celebrated milestone after several attempts, but there are indications that inherent gaps...
4 Jul 2021
Disagreement on the right percentage of oil revenue for host communities during the debate for the passage of the Petroleum Industry Bill (PIB) on Thursday brought Order 73 to the fore once again.
1 Jul 2021
Host communities will receive half a billion dollars annually, as funding from the three per cent approved for Host Communities Trust Fund in the Petroleum Industry Bill (PIB), the Senate has said.
1 Jul 2021
The House of Representatives on Thursday adopted the report on the Petroleum Industry Bill (PIB) for passage at the Committee of the Whole.
1 Jul 2021
Nigeria Senate on Thursday passed the Petroleum Industry Bill (PIB) after the House of Representatives did the same. The PIB passed the third reading after Mohammed Sabo, chairman of the joint committee petroleum (upstream and downstream) and gas, presented a report and its clauses were put to voice vote. The bill has five parts, eight…
1 Jul 2021
The Petroleum Industry Bill (PIB) has passed the third reading at the House of Representatives. The bill passed the third reading on Thursday after Mohammed Monguno, chairman of the ad hoc committee on Petroleum Industry Bill (PIB), presented a report and the lawmakers voted on 319 clauses of the bill. Before the clauses of the…
29 Jun 2021
The Senate announced on Tuesday that it would consider the report on the Petroleum Industry Bill (PIB) for passage on Thursday. The announcement, made by Senate President Ahmad Lawan, was sequel to the submission of a report by the Senate joint committee on petroleum and gas which has been processing the bill since October 2020.…
27 Jun 2021
Chief Timipre Sylva, the Minister of State for Petroleum Resources has assured that the Petroleum Industry Bill (PIB) currently before the National assembly will be passed in the next few weeks.
25 Jun 2021
President of the Senate, Ahmad Lawan, yesterday, said Nigeria is a poor nation that has no option but borrow to fund infrastructure development.
22 Jun 2021
The Senate on Wednesday rolled out series of activities to celebrate what it called modest achievements in its last two years.
27 May 2021
Worried about social resistance that might trail the removal of petrol subsidy, there are indications that the Federal Government will not tamper with the price of petrol anytime soon until tensions abate and food inflation tamed, The Guardian has learnt.


1 Jan 1970
Industrial stability in the education sector this year will solely be dependent on the implementation of the tenets of the negotiated agreements with the organised labour, the Non-Academic Staff Union of Educational and Associated Institutions (NASU), has said.
2 hours ago
After eight months of decline, Nigeria’s headline inflation rate rose to 15.63 per cent in December 2021, from 15.50 per cent recorded in November. This was disclosed, yesterday, by the Statistician-General of the Federation, Simon Harry...
2 hours ago
The internal crisis rocking Osun State chapter of All Progressives Congress (APC) has deepened and there seems no resolution in sight before the national convention of the party and governorship primary scheduled for February 2022.
2 hours ago
About three years after its purchase and installation, the state-of-the-art firefighting simulator equipment is still idling away at the Nigerian College of Aviation Technology (NCAT), Zaria, Kaduna State.
2 hours ago
BudgIT has urged the Federal Government, National Assembly and civil society organisations to amend and eliminate about 460 duplicated projects inserted in the 2022 budget.