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The International Monetary Fund (IMF) says that Nigeria’s outlook remains challenging and charged the federal government to urgently undertake policy adjustments.

Translate Home » News » PIB: Persons with disabilities crave for 5% of oil projects, activities in N/Delta PIB: Persons with disabilities crave for 5% of oil projects, activities in N/Delta On By Levinus Nwabughiogu-Abuja Nigerians living with disabilities have asked the federal government to earmark 5 percent of oil projects and activities for their members in the Host Community Development Trust Fund prescribed in the Petroleum Industry Bill, PIB. The Executive Director, Centre for Citizens with Disabilities (CCD), Mr. David Anyaele made the plea in a press release on...

By Levinus Nwabughiogu Stakeholders and players in the oil and gas sector of the Nigerian economy Wednesday took turns to highlight the significant good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly. The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year. The stakeholders which included the Minister of State for Petroleum Resources, Chief Timipre Silva, the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, N...

… Organized labour disagrees with the creation of multiple regulatory agencies …oil-producing States push for inclusion into board membership By Levinus Nwabughiogu-Abuja Stakeholders and players in the oil and gas sector of the Nigerian economy yesterday took turns to highlight the significant-good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly. The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year. The stakeholders which included...

Punch Newspapers Sections Sunday Aborisade, Abuja The Senate commenced consideration of the Petroleum Industry Bill on Monday with the Women in Energy Network rejecting the 2.5 per cent the host communities are demanding from the investors in the oil and gas sector as annual levies. The host communities started their demand when they asked for 10 per cent net profit in PIB 2012. They reduced it to five per cent of actual expenditure in 2018 before they further cut it to the 2.5 per cent of actual operating expenditure in the PIB 2020. Fresh consideration of the bill resumed on Monday at the o...