Realignments, constitutional review as Edo/Ondo polls lead 2020 politics
The National Assembly’s resolve to review the 1999 Constitution, tinker with the Electoral Act 2010 and pass the age-long Petroleum Industry Governance Bill (PIGB) are top among the three major issues that would dominate the polity this year.
Militancy, delayed PIGB top challenges for oil sector in 2020
Continued pipeline disruptions, delay in passing the Petroleum Industry Governance Bill (PIGB) as well as other issues, may drag necessary reforms needed for growth
'PIGB critical to local content development'
Managing Director, Energia Limited, Leste Aihevba, has called on the Nigerian Government to sign into law the Petroleum Industry Governance Bill (PIGB) for the development of the oil and gas sector...
Ninth National Assembly resumes amid uncertainties
After its proclamation on June 11, 2019 by President Muhammadu Buhari, the 9th Nigeria’s National Assembly begins its plenary journey to the first...
Eterna seeks downstream deregulation, to expand operations
Citing the Nigerian National Petroleum Corporation (NNPC’s) interference in the downstream sector as propelling unfavourable competition with other players, thus leading to the unpredictability in the market, Eterna Plc has urged the Federal Government to deregulate the sector, even as it unveiled plans to expand its operations. The firm also stated that despite the harsh operating environment…
Petrol may rise as Senate deletes equalisation fund from PIGB
Nigerians living far from petroleum depots or in mountainous and riverine communities may be burdened with high price of petroleum...
Buhari to get harmonised PIGB from National Assembly
The National Assembly is on the verge of returning the harmonised Petroleum Industry Governance Bill (PIGB) to President Muhammadu Buhari for assent.
Iledare: Importation of refined petroleum products, subsidy put economy in reverse gear
A Professor of Petroleum Economics and Policy Research, Wumi Iledare is Ghana’s National Petroleum Professorial Chair in Oil and Gas Economics, at the University Of Cape Coast’s Institute for Oil and Gas Studies. Iledare, who is equally the President of the Nigerian Association for Energy Economics (NAEE) says the Federal Government must commercialise the NNPC…
NNPC’s $48 billion oil and gas projects
At the 2019 International Petroleum Conference held in London, recently, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, was reported to have copiously highlighted major investment opportunities not only in the Nigerian but the African oil and gas sector. He expressed great optimism on the positive outlook of the continent’s…
NNPC, oil marketers move against scarcity, urge PIGB passage
The Nigerian National Petroleum Corporation (NNPC) and Major Marketers Association of Nigeria (MOMAN) are strengthening existing relationships to avert scarcity of petroleum products nationwide.Speaking at a MOMAN Chief Executive Officers Strategy Retreat Dinner at the weekend in Abuja