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By Levinus Nwabughiogu
Stakeholders and players in the oil and gas sector of the Nigerian economy Wednesday took turns to highlight the significant good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly.
The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year.
The stakeholders which included the Minister of State for Petroleum Resources, Chief Timipre Silva, the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari and the Chairman of the Federal Inland Revenue Service, FIRS, Mohammed Nami said that bill when promulgated into law would promote economic growth and bring about the needed vigour and transparency that would in turn engender productivity in the petroleum industry.
… Organized labour disagrees with the creation of multiple regulatory agencies
…oil-producing States push for inclusion into board membership
By Levinus Nwabughiogu-Abuja
Stakeholders and players in the oil and gas sector of the Nigerian economy yesterday took turns to highlight the significant-good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly.
The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year.
The stakeholders which included the Minister of State for Petroleum Resources, Chief Timipre Sylva, the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari and the Chairman of the Federal Inland Revenue Service, FIRS, Mohammed Nami said that bill when promulgated into law would promote economic growth and bring about the needed vigour and transparency that would, in turn, engende
Moving
11:28 16/12/2020
Electricity and gas prices have fallen in Belgium during 2020 but Belgian households have not benefited. That’s the conclusion drawn by the Electricity and Gas Regulatory Commission (CREG).
In fact, more than one million Belgian households are paying too much for their gas and electricity. That s pretty alarming,” said Laurent Jacquet, the director of CREG. “This certainly raises questions.”
According to the CREG, electricity prices in 2020 are below the levels of the previous three years. Prices have dropped 10% on average in 2020. There are two reasons for this: the coronavirus crisis and the greater availability of means of production, especially renewable energy.