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Top News In பெட்ரோலியம் தொகுப்பாளர் சமூக ர சி து Today - Breaking & Trending Today

PIB: Light at the End of Tunnel?


Last Thursday, the National Assembly finally passed the much-talked-about Petroleum Industry Bill, after a tortuous two decade-long sojourn. Emmanuel Addeh asks if the bill, now awaiting the assent of President Muhammadu Buhari, after harmonisation by the lawmakers, would see the light of the day
From all indications, it appears that the Petroleum Industry Bill (PIB) may finally see the light of day and eventually serve as the framework for operations in the oil and gas industry, having suffered several setbacks for close to 20 years, from the period the entire process first started.
Although, in the past, there had been several attempts to pass the law, such moves, in the end, have always ended in utter failure. Even in some cases when the national assembly succeeded in passing it, the president wouldn’t give his assent. ....

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PIB: Centre Urges President Buhari On Quick Assent

PIB: Centre Urges President Buhari On Quick Assent
africanexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanexaminer.com Daily Mail and Mail on Sunday newspapers.

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As PIB Faces Fresh Hurdles…


After over two decades in the works, the Petroleum Industry Bill (PIB), arguably the piece of legislation with the most tortuous journey in the nation’s history, is again faced with what looks like new impediments. With all the parties, seemingly sticking to their old rigid positions during a two-day public hearing at the National Assembly during the week, it’s uncertain who will blink first or whether there will be a middle ground in the next few months. In this report, Emmanuel Addeh wonders if the bill, one that has been described as pivotal to the long-term overall survival of the oil and gas industry, will survive the turbulence this time or be finally confined to the dustbin of history ....

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