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Tag: PIB

Michael Isaac March 26, 2021

National Assembly to pass PIB by April | 5 Things That Should Matter Today

Across the thirty-six states of Nigeria, these are the five biggest stories you shouldn’t miss out on: National Assembly to pass PIB by April Members of the National Assembly have…

Michael Isaac October 2, 2020

#NASSPassPIB: Here’s all we know about the Petroleum Industry Bill

Nigeria's class as an oil-producing country has placed it in the focused eyes of the global audience. From its discovery in 1958, at Oloibiri, hopes of a boom in the…

Ezinne October 14, 2017

The Thread: Why the Senate needs to pass the Petroleum Industry Bill

This week has seen the NNPC, the nation's oil corporation, under the microscope for fraudulent contracts and ethnic politics. President Buhari has taken the brunt of the criticism, being the…

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.…

Omoleye Omoruyi May 26, 2017

Here’s the full text of the PIB 2017 (Read)

The Nigerian Senate on Thursday passed the first part of the Petroleum Industry Bill (PIB) after 17 year of debate. Changed to The Petroleum Industry Governance Bill (PIGB), the bill…

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…

Oludolapo Adelana December 6, 2016

Just In: Senate to hold public hearing on PIB on Wednesday

The Senate, will on Wednesday (December 7th, 2016) begin the public hearing on the Petroleum Industry Governance Bill (PIB), which passed second reading on Tuesday, November 1st, 2016. The PIB…

Op-ed Editor October 13, 2016

Opinion: Random thoughts on Ken Nnamani’s electoral reform committee

by Jideofor Adibe Early this month, the Buhari government, through the Attorney General of the Federal and Minister of Justice, Abubakar Malami, inaugurated a 24-member committee on Constitution and Electoral…

Isime Esene October 9, 2016

Simon Kolawole: Unleash $200billion to grow the Naira

With due respect, I would say Nigerian lawmakers are “fantastically” failing to earn their stripes. They love to be called “honourable” and “distinguished” — and I don’t have any problems…

Mazi Emeka August 30, 2016

Opinion: Implementing PIB to compliment subsidy removal

By Okoye chike A drowsy air in the nation economy as we continue to chart a way forward in the current dispensation of president Muhammed Buhari. The aroused tension caused…

Oludolapo Adelana July 19, 2016

PIB: Nigeria’s petroleum industry needs total restructuring – Dogara

Speaker of the House of Representatives, Hon. Yakubu Dogara, has stated that the National Assembly will engage with all stakeholders on contentious issues as it begins work on the Petroleum…

Mazi Emeka July 7, 2016

PENGASSAN begins strike action

Following days of threats, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Thursday, announced that it has begun its proposed strike action. The strike action, which will…

Mazi Emeka June 13, 2016

PIB: Saraki suspends bill indefinitely

Senate President, Bukola Saraki, has reportedly ordered the indefinite suspension of the Petroleum Industrial Bill (PIB) a few weeks after the long-overdue bill passed the second reading. According to a…

Janeth J August 20, 2015

Senate rejects PIB because it’s “not priority”

Senate Leader, Ali Ndume has said the upper chamber had no time to consider the Petroleum Industry Bill now because the PIB is not the priority of the current administration. Ndume…

Janeth J April 22, 2015

Alison-Madueke speaks on the missing $20 billion

by Ranti Joseph Minister of Petroleum Resources, Diezani Alison-Madueke, said the allegations levelled on her over the alleged missing funds from the reserves of the Nigerian National Petroleum Corporation (NNPC)…

May 6, 2014

Suraj Oyewale: PIB, deregulation and Nigeria’s non-reading activists (Y! FrontPage)

by Suraj Oyewale So when the PIB finally becomes an Act and, in implementing the provisions, fuel subsidy is totally removed, I hope some people will not just wake…

December 19, 2013

Simon Kolawole: Before they sell the refineries

by Simon Kolawole Many questions were still agitating my mind when stories started flying round the media that there was a pre-conceived agenda to sell the refineries to certain favoured friends of government.…

September 23, 2013

Ijeoma Nwogwugwu: Time to stop toying with the PIB bill (Part 3)

by Ijeoma Nwogwugwu The PIB can no longer be delayed. The oil companies must stop pussyfooting and tell the government what exactly they want. It is not enough to say…

September 16, 2013

Ijeoma Nwogwugwu: Time to stop toying with the PIB (Part 2)

by Ijeoma Nwogwugwu As it stands, badly needed reforms for the industry have been conveniently put on hold over the divisions created by the fiscal terms. The impact of this…

September 9, 2013

Ijeoma Nwogwugwu: Time to stop toying with the PIB (1)

by Ijeoma Nwogwugwu But as the legislators on both side of the divide bicker and employ delay tactics over what really are inconsequential issues that could easily be resolved, they…

July 26, 2013

Diezani Alison-Madueke: Innovation and change in the Petroleum Industry

by Diezani Alison-Madueke The supply of petroleum products at controlled prices to riverine communities in the Niger Delta has been significantly enhanced with an increase in the number of operational…

May 6, 2013

“The governors are against all of us…” – Jubril Aminu speaks out

Jubril Aminu’s name rings a bell within and outside Nigeria. The reason is simple: he has served for over 40 years in many strategic positions in Nigeria and abroad, making…

March 23, 2013

Temie Giwa: The oil masters (Y! FrontPage)

Were the representatives aware of how much the delay of the PIB will cost Nigeria? How is it that they have been complicit in deferring the passage of the bill…

March 14, 2013

Olusegun Adeniyi: Of Nigeria’s oil barons and the Petroleum Industry Bill

by Olusegun Adeniyi What is even more unfortunate is that the multinational oil companies who together officially account for 88 percent of Nigeria’s current production figure of 2.4 million barrels…

January 17, 2013

Olusegun Adeniyi: Petrol and the looming catastrophe

by Segun Adeniyi The only difference between these two kinds of criminal impunity is that one carries greater physical danger, both to themselves and other innocent people. But our society…

January 10, 2013

Olusegun Adeniyi: The powerful forces against the PIB

by Olusegun Adeniyi The problem, however, is that after 12 years spanning three different administrations, there are powerful forces now bent on scuttling the passage of the bill which has…

December 22, 2012

Demola Rewaju: Wanted: Youth solutions that don’t involve government

by Demola Rewaju ...if Obasanjo’s third term agenda had worked; by now, we’ll have seen greater developments as he’ll be more powerful by longevity than any of his successor... On…

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…

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