Tag: PIB
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BREAKING: Finally, Senate fixes date to consider joint committee report on PIB
The Nigerian Senate has finally fixed a date to consider the report of the Joint Committee on Petroleum (Downstream); Petroleum (Upstream) and Gas Resources on the Petroleum Industry Bill (PIB), 2021 (SB. 510). TheNewsGuru.com (TNG) reports Senate President Ahmad Lawan made this known on Tuesday, saying the Senate will consider the joint committee report on…
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Reps Northern Caucus pledge support for passage of PIB
…as some northern governor’s support the move By Emman Ovuakporie The House of Representatives northern caucus on Monday collectively agreed to pass the Petroleum Industry Bill, popularly known as PIB adjudged the oldest Bill in Nigeria. This is just as the northern governor’s throws their weight behind the move of their Representatives. TheNewsGuru.com, (TNG) reports…
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National Assembly ready to pass PIB – Sylva
Chief Timipre Sylva, the Minister of State for Petroleum Resources has assured that the Petroleum Industry Bill (PIB) currently before the National Assembly will be passed in the next few weeks. Sylva gave the assurance when he featured at the News Agency of Nigeria (NAN) forum in Abuja on Sunday. The PIB, which was first…
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NIPS delegates flay delay in PIB passage
Delegates at the 2021 Nigeria International Petroleum Summit (NIPS) on Thursday said the country was losing investments in the oil and gas sector due to delay in the passage of the Petroleum Industry Bill (PIB). The delegates made the assertion in a communique issued at the end of the four-day summit with the theme:”From Crisis…
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PIB passage will not go beyond June – Sylva
The Minister of State for Petroleum Resources Chief Timipre Sylva says that efforts to ensure passage of the Petroleum Industry Bill (PIB) before the National Assembly are still on course. Sylva made this known at an interactive session with newsmen in Abuja on Tuesday. “I want to tell you that PIB is fully on course…
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Passage of Petroleum Industry Bill shifted to May
The President of the Senate, Ahmad Lawan, has said that the National Assembly would pass the Petroleum Industry Bill (PIB) and the Electoral Amendment Bill in May and June, respectively. Lawan stated this while playing host to visiting UK Minister for Africa, James Duddridge, the British High Commissioner to Nigeria, Catriona Laing, and other officials…
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National Assembly to pass PIB April, says petroleum minister
The Petroleum Industry Bill (PIB), currently before the National Assembly , will be passed in April, the Minister of State of Petroleum Resources, Timipre Sylva, has said. This is coming few weeks after TheNewsGuru (TNG) organised a one-day colloquium as an intervention to aid understanding of the issues involved and to fast-track the passage of…
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PIB will guarantee robust upstream fiscal framework — Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Petroleum Industry Bill (PIB) currently before the National Assembly will guarantee a robust petroleum upstream framework for development. Sylva made this known at the 2021 Society of Petroleum Engineers Oloibiri Lecture Series and Energy Forum (SPEOLEF) in Abuja, on Thursday. The theme of…
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We will pass PIB earlier than expected – Rep Kalu
The House of Representatives will pass the Petroleum Industry Bill (PIB) earlier than expected, spokesperson for the House, Rep. Benjamin Kalu has said. Rep. Kalu stated this on Thursday in Abuja, stressing that the host communities remained an integral part of the bill. He added that the parliament would ensure that the interests of host…
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Sen. Magnus Abe warns Nigeria on dangers of delay in PIB passage
A former senator and chieftain of All Progressives Congress, Magnus Abe has warned Nigeria on the dangers of further delay in the passage of Petroleum Industry Bill (PIB) in Nigeria. Abe who leaned on the opening remarks ( READ HERE: #TNGPIBConfab: Nigeria cannot waste anymore time in enacting PIB law – Bayagbon ) of TNG’s…