petroleum industry bill

Tag: petroleum industry bill

Toluwanimi Onakoya July 25, 2020

What is the Petroleum Industry Bill and why are Nigerians clamouring for it?

“The Petroleum Industry Bill (PIB) will improve governance of the sector by strengthening institutions in the areas of clarity of structures, roles, accountability, transparency, and overall efficiency and effectiveness,” the…

Edwin Okolo January 6, 2020

The Petroleum Industry Bill (PIB) is supposed to clean up Nigerian oil, but will it?

Global news platform, Al-Jazeera recently put out a micro-documentary that caught our interest. At 7 minutes long, the explainer manages to break down in simple terms; the perennial problems that…

Temidayo Taiwo-Sidiq May 20, 2018

The Late 5: Kogi reveals why it can’t pay salaries, Man beaten to death for killing cow in India and other stories

Here are the stories that drove the conversation today: The Kogi state government says it is unable to pay salaries regularly because of the N500 million loan servicing bill it…

Op-ed Editor May 30, 2017

Opinion: The trash that is the Petroleum Industry Bill (PIB)

by Saatah Nubari The Nigerian Senate passed its version of the Petroleum Industry Governance Bill on the 26th of May 2017, a day before Children’s Day without any provision whatsoever…

Editor May 26, 2017

The Explainer: We have broken down the fuss being made about the Petroleum Industry Governance Bill

by Mark Amaza Since the start of the Fourth Republic, no bill has been contentious as the Petroleum Industry Bill which was first introduced to the National Assembly in 2000.…

Azeez May 26, 2017

Senate scraps NNPC in new PIB bill

The Senate on Thursday passed a part of the Petroleum Industry Bill (PIB). One of the highlights of the bill was scrapping the Nigerian National Petroleum Corporation (NNPC) and the…

Tolu May 25, 2017

[The Legislative Blog]: Senate finally passes Petroleum Industry Bill

The Nigerian Senate has passed the Petroleum Industry (Governance) Bill (PIGB). At its plenary session today, the senators considered the report of the Committee on Petroleum Upstream, Petroleum Downstream and…

Omoleye Omoruyi May 15, 2017

Stop making unmerited statements – Senate tells Kachikwu

by Omoleye Omoruyi In a statement by the Senate's spokesman, Senator Aliyu Sabi Abdullahi, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has been warned to stop making false…

Azeez November 2, 2016

Petroleum industry bill passes second reading at senate

The Petroleum Industry Bill (PIB) on Wednesday passed second reading at the Senate. The bill seeks to split the Nigeria National Petroleum Corporation (NNPC) into two independent entities. Senator Tayo Alasoadura…

Op-ed Editor October 7, 2016

Godwin Okpene: New strategy needed for the PIB

By Godwin Okpene By December this year, the Petroleum Industry Bill (PIB) would have clocked sixteen years and eight months in the making, and more than eight and half years…

Oludolapo Adelana September 28, 2016

Niger Delta crisis delaying PIB – Saraki (WATCH)

Senate President Bukola Saraki says the crisis in the Niger Delta is responsible for the delay in the passage of the Petroleum Industry Bill (PIB). Saraki said this in a interview…

Kolapo Olapoju May 14, 2015

Lawmakers urged to amend sections of the Petroleum Industry Bill

by Jewel Stephen A release by the Social Development Integrated Centre In view of the decision made by the Nigerian House of Representatives to commence consideration of the Petroleum Industry…

February 19, 2014

Opinion: How corruption among the ruling class destroyed businesses in Nigeria

by Jibrin Ibrahim The Ministry of Finance that is overseeing the inter-agency reconciliation process is of the view that $10.8 billion is the sum yet to be reconciled. It was…

March 7, 2013

REVEALED: “83 per cent of oil blocks in Nigeria are owned by Northerners” – Senator (then he names names)

by Rachel Ogbu Senator Ita Enang 83 per cent of oil blocks in the country are owned by Northerners, it has been revealed. Senator Ita Enang, on Wednesday made the…

December 18, 2012

Opinion: How will we drive investment and growth in Nigeria: Handcuffs or Reforms?

by Abimbola Agboluaje Corruption is a product of a deep architecture of politics. The pillars of this architecture include the use of identity codes and money by a network of regional…

September 28, 2012

“PIB is considerate, refreshing and competitive” – Petroleum minister responds to Shell’s claims

by Stanley Azuakola On Thursday, in the United States of America, at a forum themed - Nigeria-Africa’s Frontier in the Global Economy, the Nigerian government gave what qualifies as its first…

September 24, 2012

“Unthinkable”: Shell goes on the offensive, rubbishes Petroleum Industry Bill

by Stanley Azuakola Mutiu Sunmonu, the Country Chair of Shell Companies in Nigeria, has been very silent on what the company thinks about the Petroleum Industry Bill, even though lobbying…

July 25, 2012

Opinion: PIB – The perambulation continues

by Uche Igwe My view still remains that contrary to the sponsored rhetoric, the Federal Government has no intention of reforming the oil and gas industry. I was invited to…

July 20, 2012

Rep threatens to impeach GEJ

by Isi Esene The looming crisis between the House of Representatives and the Executive arm of government deepened yesterday with the House threatening to serve impeachment notice on the president…

July 19, 2012

Opinion: Thawing the ice of the petroleum industry

by Felix Ayanruoh The draft Petroleum Industry Bill (PIB) recently approved by the Jonathan administration has been viewed by many as a catalyst for hydrocarbon industry reform. This development is…

July 17, 2012

Beware of fake PIB in circulation – FG

by Isi Esene The federal government might as well hang a "Beware of fake Petroleum Industry Bill" on its doors as it recently distanced itself from the PIB reported to…

July 2, 2012

Worth the wait? Inside the new Petroleum Industry Bill

by Stanley Azuakola The wait is almost over. Years have gone by since the Petroleum Industry Bill (PIB) was first proposed. In fact, the last attempt, introduced in 2008 when…

May 28, 2012

The Countdown Begins: Gas flaring to stop by the end of 2012 (at least according to the PIB)

by Tolu Orekoya The much ballyhooed and long-delayed Petroleum Industry Bill (PIB), which is meant to radically restructure and reform the oil industry, includes a clause that could bring an end…

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