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Chevron MD highlights imperatives for Nigeria Oil and Gas Industry at NOG

Chevron MD highlights imperatives for Nigeria Oil and Gas Industry at NOG
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

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Giving Life to PIB

After over 13 years of failed attempts, the Ninth National Assembly has finally passed the long awaited Petroleum Industry Bill, report Deji Elumoye and Udora Orizu Report
Nigeria, for about one and half decades, has been on a journey with the Petroleum Industry Bill (PIB), with a lot of anticipation and promises, which failed overtime in previous National Assemblies. However, two years into the Ninth Assembly, the two chambers at plenary on July 1, passed the Bill for third reading after duly adopting all the 318 clauses as recommended by the Committee on PIB after some amendments. With this latest development, it seems the Ninth Assembly is set to make history, if the PIB is eventually assented to by President Muhammadu Buhari. ....

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PIB Passage: Host Communities To Receive $500m Annually As Age-long Jix Broken

(AFRICAN EXAMINER) – Host communities will receive half a billion dollars annually, as funding from the three per cent approved for Host Communities Trust Fund in the Petroleum Industry Bill (PIB), the Senate has said.
Chairman, Senate Committee on Petroleum Downstream, Sen. Mohammed Sabo said this when he briefed newsmen on Thursday shortly after the senate passed the PIB.
Also speaking on the passage of the PIB bill, Sen. Babajide Omowarare, Senior Special Assistant to the President on National Assembly Matters (Senate), said the passage of the Bill by the Senate on Thursday is breaking of an age-long Jinx.
Omoware added that efforts by the Executive and Legislature in Nigeria to put in place contemporary legislative and legal framework in the oil and gas sector had proved abortive since the year 2000. ....

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Lawmakers pass Petroleum Industry Bill into law, host communities to receive $500m annually

Lawmakers pass Petroleum Industry Bill into law, host communities to receive $500m annually
pulse.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pulse.ng Daily Mail and Mail on Sunday newspapers.

Albert Bassey , Mohammed Sabo , Senate Joint Committee On Petroleum Downstream , Senate Committee On Petroleum , Senate Committee , Petroleum Downstream , Senate Joint Committee , Chairman Senate Committee , Petroleum Upstream , ஆல்பர்ட் பாஸ்ஸி , முகமது சபோ , செனட் குழு ஆன் பெட்ரோலியம் , செனட் குழு , பெட்ரோலியம் கீழ்நிலை , செனட் கூட்டு குழு , தலைவர் செனட் குழு , பெட்ரோலியம் அப்ஸ்ட்ரீம் ,

PIB: Host communities to receive $500m annually - Senate | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News

PIB: Host communities to receive $500m annually - Senate | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

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