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Energy

President Buhari Signs Petroleum Industry Bill Into Law

Web News 16 August 2021 557 0

President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. Working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday August 13, the President assented to the Bill Monday August 16, in his Continue Reading

Energy

National Assembly Decries Condition of Nation’s Refineries

Web News 25 February 2021 505 0

The National Assembly said it was working tirelessly to ensure the passage of the Petroleum Industry Bill, PIB, in April 2021. This came as the Joint Ad-hoc Committee of the National Assembly expressed regrets over the poor condition of the nation’s refineries, adding that PIB when passed would revive the refineries to function optimally. The […]Continue Reading

Energy

NAWOJ Tasks National Assembly on Quick Passage of PIB

Web News 13 February 2021 481 0

An expert in the petroleum industry, Dr Israel Aye, says the two proposed commissions for regulation of the upstream and downstream activities in the Petroleum Industry Bill, PIB, will allow transparency and boost nation’s economic growth. The two commissions in the Bill are the Nigerian Upstream Regulatory Commission and the Nigerian Midstream and Downstream Regulatory Continue Reading