#PIBWatch

NASS and petroleum bill

ANALYSIS: Are the demons of the petroleum bill defeated?

OrderPaperToday - In order to unlock the potential benefits of Nigeria’s petroleum sector, the National Assembly, last week, passed the long-awaited and controversial Petroleum...
NEITI says media support key

PIB will foster transparency in NNPC – NEITI

OrderPaperToday - The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogbonnaya Orji, has said the Petroleum Industry Bill (PIB)...
five percent for hostcom in PIB

PSCs: FG plans inclusion of gas in contracts 

OrderPaperToday - The federal government has begun discussions with stakeholders on the inclusion of gas terms in Production Sharing Contracts (PSCs). This is as the...
PIB and oil producing communities

RMAFC, PIB and the 40% hostcom argument

OrderPaperToday – The recommendation by the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) that communities hosting petroleum exploration and production activities receive 40percent of...
Senate President Lawan

NASS to free PIB from ‘demonic influence’- Lawan

OrderPaperToday - The National Assembly will pass the Petroleum Industry Bill (PIB) to free the proposed law from 'demonic influence' since 2008. This was according...
gas flaring to end in 2025

Federal Government says gas flaring to end in 2025

OrderPaperToday - The Federal Government has said gas flaring in the country has been reduced to a minimum 8% and that the country is...
five percent for hostcom in PIB

PIB: Oil companies reject 2.5% contribution to host communities

OrderPaperToday – Oil companies operating in Nigeria have kicked against the proposed contribution of 2.5% of annual Operating Expenditure (OPEX) to funding the Host...
IOCs tasked on production cost

PIB: Lawan tasks IOCs to reduce cost of production

OrderPaperToday - The Senate President, Ahmad Lawan, has tasked International Oil Companies (IOCs) operating in Nigeria to reduce the cost in the production of...
Brawl at PIB public hearing

PIB Brawl: Host communities, CSOs flay public hearing

OrderPaperToday – In the aftermath of the brawl that led to the abrupt end of the House of Representatives’ public hearing on the Petroleum...
Passage of PIB

Passage of PIB set for April – Gbajabiamila

OrderPaperToday - Speaker of the House of Representatives, Femi Gbajabiamila, has assured that the passage of the Petroleum Industry Bill (PIB) would happen in...