March 1, 2025
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Reps to pass PIB in 2021

Ihesiulo Grace 0
The House of Representatives, says it will pass the Petroleum Industry Bill (PIB) before the end of 2021. Rep. Benjamin Kalu, the spokesperson for the House, said this when he spoke with newsmen on Thursday in Abuja. He said that the host communities remained an integral part of the bill, adding that the parliament would […]
Representatives, Accountant
News

Isoko group writes Reps, seek PIB adjustments

Ihesiulo Grace 0
By Tunde Shorunke A group, Isoko Progressive Front (IPF), is through the House of Representatives member for Isoko Federal Constituency, Delta State Hon. Leo Ogor, seeking adjustment of several sections of the Petroleum Industrial Bill (PIB) before its passage. IPF is a pan-Isoko pressure group peopled by professionals of the oil-producing ethnic nationality’s
APC, Ovie Omo-Agege
News

‘PIB will add value, wealth to oil sector’

Ihesiulo Grace 0
Deputy Senate President Ovie Omo-Agege says the new Petroleum Industry Bill (PIB) will help drive the nation’s economy through added value and wealth from the oil and gas sector. Omo-Agege said this at the Host Community Colloquium on the PIB in Owerri on Tuesday. Represented by his Chief of Staff, Mr Otive Igbuzor, he said […]
PIB
News

NNRC Identifies Gaps In Nigeria’s Oil Sector, Proffers Solutions To Strengthen PIB

Ihesiulo Grace 0
The Nigeria Natural Resource Charter (“NNRC”), a non profit organization, has said it has identified key petroleum sector gaps that must be resolved to strengthen Nigeria’s petroleum industry.  The NNRC in its 2019 Benchmarking Exercise Report also provided a broader analysis of petroleum sector gaps in country, while offering suggestions and recommendations.  Daily Times
News Politics

Reps receives report on PIB

Ihesiulo Grace 0
The House of Representatives on Tuesday received the report of its ad hoc committee on the Petroleum Industry Bill (PIB). The bill seeks to address the issues of governance, host communities and provide the regulatory framework for the country’s petroleum industry. Presenting the report during plenary Tuesday, the Chairman of the ad hoc committee, Rep. […]
plant
Editorial

Time to pass PIB and end gas flaring

Ihesiulo Grace 0
Recently, the Director of Health of the Mother Earth Foundation, Mr. Nnimmo Bassey, expressed misgivings on the Federal Government reported commitment to end gas flaring by 2020. According to him, successive governments have been shifting the deadline for ending gas flaring from year to year, even as debates on the Petroleum Industry Bill (PIB), which […]
News

IYC Rejects Reps Decision on PIB

Ihesiulo Grace 0
The Ijaw Youth Council (IYC), has described the decision of the House of Representatives to  make the Petroleum Industry Bill cover the whole of Nigeria as ridiculous and a slap on the face of the oil bearing communities of the Niger-Delta region. The House recently expanded the application of the Petroleum Host Community Fund in the PIB to […]
Economy

Operators Call for Resolution of PIB, NOSDRA Conflicts

Ihesiulo Grace 0
Industry stakeholders have called for a thorough amendment of the National Oil Spill Detection and Response Agency, NOSDRA Bill currently before the National Assembly, to remove any conflict between it and the Petroleum Industry Bill, PIB.   Among the stakeholders, were officials of the Federal Ministry of Environment, Department of Petroleum Resources, DPR, and oil