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Breaking News | Pitfalls In The PIB [opinion]


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By Sodiq Alabi THE Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law.
Initially a single Bill, it was broken down into different bills with one of it – The Petroleum Industry Governance Bill, PIGB, passed by lawmakers in 2017 only to fail to get the much-needed presidential assent. Now it is back to the National Assembly as one single Bill.
The Bill has long been presented as a credible solution to the myriad of problems facing the petroleum industry and the country, but its current version before the National Assembly is far from being a perfect Bill. If passed and signed into law as it is, it could represent a major missed opportunity for the country. ....

Nigeria Midstream Downstream Petroleum Regulation Authority , Nigerian Petroleum Regulatory Commission , Petroleum Products Pricing Regulatory Agency , Nigerian Content Development , National Assembly , Petroleum Inspectorate , Department Of Petroleum Resources , Petroleum Equalisation Fund , Petroleum Industry Governance , Nigerian National Petroleum Corporation , Nigeria Upstream Regulatory Commission , Midstream Gas Infrastructure Fund , Petroleum Technology Development Fund , Petroleum Industry , Industry Bill , Petroleum Industry Governance Bill , Petroleum Resources , Nigeria Midstream , Downstream Petroleum Regulation Authority , Nigeria Upstream Regulatory , Obi The March , Monitoring Board , Petroleum Equalisation , நைஜீரியன் பெட்ரோலியம் ஒழுங்குமுறை தரகு , நைஜீரியன் உள்ளடக்கம் வளர்ச்சி , தேசிய சட்டசபை ,

Pitfalls in the PIB [opinion] - Vanguard News


Vanguard News
Pitfalls in the PIB [opinion]
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By Sodiq Alabi
THE Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law.
Initially a single Bill, it was broken down into different bills with one of it – The Petroleum Industry Governance Bill, PIGB, passed by lawmakers in 2017 only to fail to get the much-needed presidential assent. Now it is back to the National Assembly as one single Bill.
The Bill has long been presented as a credible solution to the myriad of problems facing the petroleum industry and the country, but its current version before the National Assembly is far from being a perfect Bill. If passed and signed into law as it is, it could represent a major missed opportunity for the country. ....

Sodiq Alabi , Nigeria Midstream Downstream Petroleum Regulation Authority , Nigerian Petroleum Regulatory Commission , Petroleum Products Pricing Regulatory Agency , Nigerian Content Development , National Assembly , Petroleum Inspectorate , Department Of Petroleum Resources , Petroleum Equalisation Fund , Petroleum Industry Governance , Nigerian National Petroleum Corporation , Nigeria Upstream Regulatory Commission , Midstream Gas Infrastructure Fund , Petroleum Technology Development Fund , Petroleum Industry , Kindly Share This Story , Industry Bill , Petroleum Industry Governance Bill , Petroleum Resources , Nigeria Midstream , Downstream Petroleum Regulation Authority , Nigeria Upstream Regulatory , Monitoring Board , Petroleum Equalisation , நைஜீரியன் பெட்ரோலியம் ஒழுங்குமுறை தரகு , நைஜீரியன் உள்ளடக்கம் வளர்ச்சி ,

Pitfalls in the PIB


Petroleum Industry Bill
The Petroleum Industry Bill (PIB) has wandered its way through the National Assembly for two decades, like an ancient Sufi mystic in search of the Truth. It has faced several disappointments and metamorphoses on its way to becoming a law. Initially a single bill, it was broken down into different Bills with one of the Bills- The Petroleum Industry Governance Bill (PIGB) passed by lawmakers in 2017 only to fail to get the much-needed presidential assent. Now it is back to the National Assembly as one single Bill. The Bill has long been presented as a credible solution to the myriad of problems facing the petroleum industry and the country, but its current version before the National Assembly is far from being a perfect Bill. If passed and signed into law as it is, it could represent a major missed opportunity for the country.  ....

Nigeria Midstream Downstream Petroleum Regulation Authority , Nigerian Petroleum Regulatory Commission , Petroleum Products Pricing Regulatory Agency , Nigerian Content Development , National Assembly , Petroleum Industry Governance Bill , Petroleum Inspectorate , Department Of Petroleum Resources , Nigerian National Petroleum Corporation , Nigeria Upstream Regulatory Commission , Petroleum Equalization Fund , Midstream Gas Infrastructure Fund , Petroleum Industry Bill , Petroleum Technology Development Fund , Petroleum Industry , Petroleum Resources , Nigeria Midstream , Downstream Petroleum Regulation Authority , Nigeria Upstream Regulatory , Monitoring Board , Petroleum Equalization , Ig B , நைஜீரியன் பெட்ரோலியம் ஒழுங்குமுறை தரகு , நைஜீரியன் உள்ளடக்கம் வளர்ச்சி , தேசிய சட்டசபை , பெட்ரோலியம் தொழில் ஆளுகை ர சி து ,