Tag: PIB
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PIB: 2.5% for host community not enough – Omo-Agege
Deputy Senate President, Senator Ovie Omo-Agege has argued that the annual contribution of an amount equal to 2.5 per cent of actual operating expenditure by oil companies to the host community development trust fund proposed in the Petroleum Industry Bill (PIB) is not enough. Senator Omo-Agege presented this argument on the floor of the Nigerian…
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![[TNG Analysis] PIB: The Bill that saw four Nigerian Presidents, yet remains in abeyance](https://thenewsguru.ng/wp-content/uploads/2017/04/Obasanjo-Buhari-Jonathan.jpg)
[TNG Analysis] PIB: The Bill that saw four Nigerian Presidents, yet remains in abeyance
…20 years after, will it scale through? …as Reps start debate today …there’s need for serious awareness campaign if it must scale through The Petroleum Industry Bill, popularly known as PIB will today continue its 20 years dislocated sojourn in the Nigerian parliament as the House of Representatives commence debate. TheNewsGuru.com (TNG) in this short…
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EXCLUSIVE: Dangerous elements in NASS in vengeful mission to ‘kill’ PIB over Water Resources Bill
By Emman Ovuakporie The Petroleum Industry Bill, otherwise known as PIB may be slaughtered by some lawmakers to avenge the manner the widely condemned Water Resources Bill was shabbily treated by Nigerian House of Representatives. TheNewsGuru.com, (TNG) reliably gathered from multiple sources that the PIB unarguably the oldest bill in the Nigerian parliament may kiss…
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Hon Nwawuba addresses intricacies of PIB
Given the delay in the passage of the Petroleum Industry Bill (PIB), the Deputy Chairman, House of Representatives Committee on the Niger Delta, Hon Henry Nwawuba has said care must be taken for the National Assembly (NASS) not to pass a bill that will not be of any good to the Nigerian oil and gas…
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JUST IN: Senate fixes date to debate Petroleum Industry Bill
The Nigerian Senate has fixed Tuesday, October 20, 2020, as the date for the commencement of debate on the Petroleum Industry Bill (PIB). TheNewsGuru.com (TNG) reports President of the Senate, Ahmad Lawan on Twitter made this known in a series of tweets on Thursday. The Senate President revealed that the National Assembly (NASS) is going…
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![Nigeria @60: Why Nigerians are now in pains – Rep Nkem-Abonta [INTERVIEW]](https://thenewsguru.ng/wp-content/uploads/2020/10/IMG_20200928_172013_357_1601553457648.jpg)
Nigeria @60: Why Nigerians are now in pains – Rep Nkem-Abonta [INTERVIEW]
As Nigeria commemorates its 60th Independence anniversary, certain issues of national importance have come to the fore, even with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) having to suspend, at the last minute, the planned strike to protest against the pains Nigerians are passing through. Issues ranging from the issues of fuel…
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BREAKING: Petroleum Industry Bill scales first reading in Senate
The much-awaited Petroleum Industry Bill (PIB) on Wednesday scaled first reading on the floor of the Nigerian Senate. TheNewsGuru.com (TNG) reports the Petroleum Industry Bill, 2020 passed first reading when the Senate moved into the presentation of bills for first reading. The Petroleum Industry Bill, 2020 was presented by Senator Yahaya Abdullahi, the Senate Leader,…
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Lawan, Gbajabiamila vow to break PIB jinx, ensure passage
The leadership of the National Assembly said, on Monday, that the Assembly would break the jinx of not being able to pass the Petroleum Industry Bill (PIB) after several attempts. President of the Senate, Ahmad Lawan and the Speaker, House of Representatives, Femi Gbajabiamila assured Nigerians that the time had come for the passage of…
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PIB: We’ll give it speedy passage after recess – Rep
…the issue of host community will be adequately addressed The Chairman, House of Representatives Committee on Niger Delta, Hon Essien Ayi has said the House will give the Petroleum Industry Bill (PIB) an accelerated legislative attention once the chamber reconvenes. TheNewsGuru.com (TNG) reports Ayi stated this on Thursday in his opening remarks at a webinar…
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Petroleum Industry Bill: An end to NNPC’s accountability loophole
After the Niger Delta Development Commission (NDDC) probe saga, there are now insinuations by every Tom, Dick, and Harry over the level of corruption and mismanagement that might be going on in the Nigerian National Petroleum Company (NNPC). With the recent probe of contracts in the NDDC, attention, and of course, the focus of the…