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Top News In குழு ஆன் கீழ்நிலை பெட்ரோலியம் துறை Today - Breaking & Trending Today

INEC job: Opposition mounts as Onochie backers infiltrate Senate

INEC job: Opposition mounts as Onochie backers infiltrate Senate
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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Bedeviling PIB with Obnoxious Provisions

Finally, the much-awaited Petroleum Industry Bill was passed by the two chambers of the National Assembly, recently. Of the 319 clauses and eight schedules that make up the bill, the ones concerning the host communities and the frontier development of oil have sparked national conversation, threatening to stir up a storm should reservations arising therefrom are not addressed before President Muhammadu Buhari’s assent. For them, giving three per cent, rather than the 10 per cent demanded, to host communities, stretching the definition to oil infrastructure transit communities and using other people’s oil profit to grope for oil in unlikely or impossible places, bring to remembrance some of the on-going open grazing controversy in the country. Chris Paul reports ....

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PIB: How the North secured funding for Frontier Basins

PIB: How the North secured funding for Frontier Basins
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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The politics, history of Petroleum Industry Bill

The politics, history of Petroleum Industry Bill
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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National Assembly Passes PIB, Approves 3% for Host Communities

· Presidency: Jinx broken
Deji Elumoye, Adedayo Akinwale and Udora Orizu in Abuja
The two chambers of the National Assembly yesterday passed the Petroleum Industry Bill (PIB), after about 13 years of legislative fireworks.
Although the House of Representatives apparently skipped certain parliamentary procedures to pass the bill as witnessed by journalists at plenary, the Chairman of the House Ad-hoc Committee on the PIB, Hon. Mohammed Monguno, later told reporters that what transpired at the plenary did not actually mean that they passed it as widely reported.
The President of the Senate, Dr. Ahmad Lawan, said the demons behind the non-passage of the bill for many years had been defeated. ....

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