Deputy President of the Senate, Senator Ovie Omo-Agege, has disclosed that Nigeria has lost $235 million due to the long delay in the passage of the Petroleum Industry Bill (PIB).
Vice President Dr. Mahamudu Bawumia has said the only way to build a self-sustaining continent is for African nations to cooperate with each other in trade and investment.
Developing petroleum downstream sector key to success of AfCFTA – Bawumia modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Sylva faults kinsmen’s insistence on 10% of accruals
Oil and gas-producing communities have asked the Federal Government to immediately scrap the Niger Delta Development Commission (NDDC). x
The demand came as the communities insist that 2.5 per cent proposed for them in the new Petroleum Industry Bill (PIB) is unacceptable, saying they stand by 10 per cent, which the late former President Umaru Musa Yar’ Adua proposed before it was shut down.
The host communities made the call for the scrapping of NDDC barely 24 hours after a public hearing on the PIB 2020, organised by Senate’s Joint Committee on Petroleum Downstream, Upstream, and Gas.
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has urged the federal government to scrap the Niger Delta Development Commission (NDDC). The National President of HOSTCOM, High Chief Benjamin Tamaranebi made the call on Tuesday in an interview with journalists at the side-line of the public hearing on Petroleum Industry Bill (PIB) 2020, […]