All posts tagged "Petroleum Industry Bill"
PIB ‘Awareness Campaign’ to Guzzle N6.2 billion
The Federal government has plans on the way to spend N6.201 bn on an awareness campaign for the Petroleum Industry Bill. The campaign, which according to a budget performance breakdown of the Ministry of Petroleum Resources for...
- Posted November 30, 2012
PIB: Lawmakers Move Against Petroleum Minister’s Powers
As the debate on the Petroleum industry bill is about to enter full throttle, one major area of concern for lawmakers is the immense powers the legislation provides the Minister of petroleum. According to experts on the...
- Posted September 24, 2012
Reps Vow not To Pass PIB in Present Form, Cite Oil Minister as Cause for Concern
The Representatives are adamant on not passing the Petroleum Industry Bill in its present form. According to interviews conducted by Reuters, the lawmakers cite several reasons for refusing to pass the PIB in its current form. One...
- Posted August 7, 2012
Compromised Petroleum Industry Bill Finally Submitted to President Jonathan
The Minister of Petroleum Resources has confirmed that the Petroleum Industry Bill (PIB) has been submitted to Mr. President. This move may signal an end to the years of waiting all stakeholders including the Nigerian people have...
- Posted June 30, 2012
Present Version of Petroleum Industry Bill (PIB) will “Upset” Nigerians – Experts
Analysts that have consulted the Federal Government on the Petroleum Industry Bill (PIB) disclosed that the legislation will favour the oil companies more than it would Nigerians. Pedro van Meurs, an oil and gas consultant who advised...
- Posted May 30, 2012
Senators Take Ownership of PIB Submission Process
The upper Chamber of the House of Assembly has taken conclusive steps to present a harmonized version of the Petroleum Industry Bill (PIB), after several delays by the Presidency in presenting its own harmonized version. The Chairman...
- Posted May 24, 2012
PIB will be Submitted to House of Assembly in March – Diezani Madueke
The Minister for Petroleum Resources, Diezani Madueke has said the Petroleum Industry Bill (PIB) will be resubmitted to the House of Assembly for deliberation in March. The Minister disclosed this whilst speaking at the opening of an...
- Posted February 22, 2012