The Petroleum Industry Governance Bill (PIGB) currently before the National Assembly must have a balanced outlook when passed into law by ensuring that investors’ interest is taking into consideration.
The Petroleum Industry Bill (PIB) has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth.
24 Feb 2020
The passage of the country’s Petroleum Industry Bill (PIB) has proved to be a real nightmare for successive administrations since the need for the bill was first mooted by th
21 Feb 2020
Mr Odein Ajumogobia, Chairman, Nigeria Natural Resource Charter (NNRC), says absence of laws especially, Petroleum Industry Governance Bill (PIGB), has hampered Nigeria’s oil and gas resources full maximisation.
14 Jan 2020
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.
7 Jan 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
1 Aug 2019
The oil resource curse has been Nigeria’s bane. This reality is well known. Yet no discernible effort is being made to transcend the pitfall...
18 Jul 2019
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...
2 Jul 2019
After its proclamation on June 11, 2019 by President Muhammadu Buhari, the 9th Nigeria’s National Assembly begins its plenary journey to the first...
19 Jun 2019
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…
21 May 2019
Nigerians living far from petroleum depots or in mountainous and riverine communities may be burdened with high price of petroleum...
14 May 2019
The National Assembly is on the verge of returning the harmonised Petroleum Industry Governance Bill (PIGB) to President Muhammadu Buhari for assent.