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PIA: Buhari Blames Past Leaders for Lacking Political Will to Transform Sector

PIA: Buhari Blames Past Leaders for Lacking Political Will to Transform Sector
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The Petroleum Industry Act (PIA) Finally Berths: Way to Go! |

The Petroleum Industry Act (PIA) Finally Berths: Way to Go! |
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Muhammadu Buhari , Petroleum Industry Act , Petroleum Resources , Petroleum Regulatory Authority , Nigerian Upstream Regulatory Commission , Ministry Of Finance Incorporated , Petroleum Host Community Development , Ministry Of Petroleum Incorporated , Nigeria National Petroleum Corporation , Petroleum Industry , Petroleum Industry Bill , President Muhammadu Buhari , Finance Incorporated , Petroleum Incorporated , Nigerian Midstream , Downstream Petroleum Regulatory Authority , Update August , President Buhari , பெட்ரோலியம் தொழில் நாடகம் , பெட்ரோலியம் வளங்கள் , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் , நைஜீரியன் அப்ஸ்ட்ரீம் ஒழுங்குமுறை தரகு , அமைச்சகம் ஆஃப் நிதி இணைக்கப்பட்டது , பெட்ரோலியம் தொகுப்பாளர் சமூக வளர்ச்சி , அமைச்சகம் ஆஃப் பெட்ரோலியம் இணைக்கப்பட்டது , நைஜீரியா தேசிய பெட்ரோலியம் நிறுவனம் ,

Commercialisation of NNPC must work

Oil marketers to get N236bn
By
Sun Jul 25 2021
One of the key elements of the recently passed Petroleum Industry Bill (PIB) by the National Assembly is the commercialisation of the Nigeria National Petroleum Company (NNPC).
Indeed by all accounts the need to unbundle the inefficient behemoth which the NNPC has for all practical purposes become not just on the oil and gas industry but in the nation’s finances was one of the fundamental reasons for the total restructuring of the oil and gas industry which the PIB hopes to achieve.
This much was captured in the bill which declared that “the key objective is ensuring good governance and accountability, creation of a commercially oriented national petroleum company and fostering a conducive environment for petroleum operations’’. ....

Saudi Arabia , Ministry Of Finance Incorporated , National Assembly , Nigeria National Petroleum Company , Petroleum Industry Bill , Ministry Of Petroleum Incorporated , Allied Matters Act , Finance Incorporated , Petroleum Incorporated , சவுதி அரேபியா , அமைச்சகம் ஆஃப் நிதி இணைக்கப்பட்டது , தேசிய சட்டசபை , நைஜீரியா தேசிய பெட்ரோலியம் நிறுவனம் , பெட்ரோலியம் தொழில் ர சி து , அமைச்சகம் ஆஃப் பெட்ரோலியம் இணைக்கப்பட்டது , கூட்டணி விஷயங்கள் நாடகம் , நிதி இணைக்கப்பட்டது , பெட்ரோலியம் இணைக்கப்பட்டது ,

Giving Life to PIB

After over 13 years of failed attempts, the Ninth National Assembly has finally passed the long awaited Petroleum Industry Bill, report Deji Elumoye and Udora Orizu Report
Nigeria, for about one and half decades, has been on a journey with the Petroleum Industry Bill (PIB), with a lot of anticipation and promises, which failed overtime in previous National Assemblies. However, two years into the Ninth Assembly, the two chambers at plenary on July 1, passed the Bill for third reading after duly adopting all the 318 clauses as recommended by the Committee on PIB after some amendments. With this latest development, it seems the Ninth Assembly is set to make history, if the PIB is eventually assented to by President Muhammadu Buhari. ....

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JUST IN: Amid chaos, Senate passes Petroleum Industry Bill

JUST IN: Amid chaos, Senate passes Petroleum Industry Bill
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