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Igbo group protests against media trial of Seplat boss, Orjiako

A group, Nchekwa Igbo Society, has cautioned against ongoing media persecution of Chairman of Seplat Petroleum Development Company Plc, A.B.C. Orjiako, describing it as “unjust and the handiwork of detractors to tarnish his image.” ....

Obinna Iyiegbu , Dorathy Jemanze , Justice Mary Odili , Orji Uzor Kalu , Iwezuo Ukandu , Nchekwa Igbo Society , Seplat Petroleum Development Company Plc , Imo State , Innocent Chukwuma , Innoson Motors , Executive Secretary , Legal Practitioner , Abc Orjiako , Nchekwa Igbo Society ,

Seplat Cuts Debt, Spends on Gas


Seplat Cuts Debt, Spends on Gas
Mar 1, 2021 12:15:pm
Summary
by: William Powell
Nigerian producer Seplat generated $330mn from operations last year. The cash went mainly on its major Assa North Ohaji South (Anoh) gas project and repaying $100mn of debt. And despite the lowest oil prices in its 10-year history, the company said it had maintained dividen.
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Nigeria's PIB nears journey's end [NGW Magazine]


Nigeria‘s PIB nears journey’s end [NGW Magazine]
Feb 18, 2021 7:15:am
Summary
The Nigerian Petroleum Investment Bill is nearing enactment, but there are still differences between the states and the government over sharing the upstream bounty. [NGW Magazine Volume 6, Issue 4]
by: Omono Okonkwo
Over a decade after first mooted, the Petroleum Industry Bill (PIB) is set to become law this spring. The speaker of the lower chamber of Nigeria’s national assembly, Femi Gbajamiamila, said in January that “we intend to pass this bill by April. That is the commitment we have made. Some may call it a tall order, but we will do it and we will do it with every sense of responsibility without compromising the thoroughness of the work that will be done.” ....

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