Rejection of PIGB in the Niger Delta
The rejection of the Petroleum Industry Governance Bill (PIGB) by stakeholders in the Niger Delta raises questions of parliamentary responsibility and people’s civic duty.
Worry as PIGB fails to address critical governance issues in petroleum industry
Even with the passage of the Petroleum Industry Governance Bill by the National Assembly, is still being faced with unaddressed issues, which originally should have been dealt with in the legislation, STANLEY OPARA writes It is no news that the current National Assembly has passed the Petroleum Industry Governance, which seeks to provide for the…
Buhari to sign PIGB soon, Ajumogobia cautions over discretionary powers
President Muhammadu Buhari may sign the Petroleum Industry Governance Bill (PIGB) on August1, 2018. The Guardian learnt yesterday in Abuja that the move was to send signals to the international community that Nigeria is now ready for business, and halt the relocation of oil and gas investments to other parts of Africa. At a roundtable…
PENGASSAN lauds NASS on passage of PIGB, vows to resist job losses
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has vowed to resist any job loss that might arise in the course of the implementation of the Petroleum Industry Governance Bill (PIGB).
PIGB is asset stripping, not economically viable, says Ellah
Dr. Joseph Ellah, formerly the Group General Manager, Corporate Planning and Development Division, Nigerian National Petroleum Corporation (NNPC), has warned that signing the Petroleum Industry Governance Bill (PIGB) into law is only stripping Nigeria of its economic assets, impoverish the country and enslave the oil region. He told KELVIN EBIRI, that the proponents of the…
PIGB now on Buhari’s table, say lawmakers
The National Assembly yesterday in Abuja said the delay in the Petroleum Industry Governance Bill (PIGB) has been resolved and the bill transmitted to President Buhari for assent. The bill, a fraction of a four-part Petroleum Industry Bill suffered setback after the House of Representatives and Senate passed it last month. Speaking at the 9th Abuja…
National Assembly set to transmit PIGB to Buhari
The National Assembly is set to transmit the final harmonised copy of the Petroleum Industry Governance Bill (PIGB) to President Muhammadu Buhari for assent.This followed the adoption of the report of the Conference Committee of PIGB at Senate plenary, three months after the upper legislative chamber initially adopted the report.
Fresh anomalies stall transmission of PIGB by National Assembly to Buhari
Three months after both chambers of the National Assembly passed the harmonised version of the Petroleum Industry Governance Bill (PIGB), freshly observed anomalies have stalled its transmission to President Muhammadu Buhari for assent.
Oil majors delay investment on $23.5b offshore projects
International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB).
‘Federal government has lost $235 billion due to delay in passing the PIB’
Issues about the protracted petroleum industry Act in Nigeria have over the years refused to let go, possibly because of the overwhelming public and private interest in the sector.