பெட்ரோலியம் கீழ்நிலை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பெட்ரோலியம் கீழ்நிலை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பெட்ரோலியம் கீழ்நிலை Today - Breaking & Trending Today

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. ....

Babajide Omowarare , Timipre Sylva , Mohammed Sabo , Jix Brokenposted , Mele Kyari , Senate On , National Assembly Matters Senate , Host Communities Trust Fund , Petroleum Industry Bill , Senate Joint Committee On Petroleum Downstream , Nigeria National Petroleum Corporation , Senate Committee On Petroleum , Host Communities To Receive , Annually As Age Long Jix Brokenposted , Niyi Adeyiafrican News , Latest News , News Across Nigeria , News From The , Senate Committee , Petroleum Downstream , Senior Special Assistant , National Assembly Matters , Group Managing Director , Senate Joint Committee , முகமது சபோ , மேலே கியாரி ,