PIA: FG reverses exclusive petrol importation rights for Dangote, BUA
The Petroleum Industry Bill signed into law by President Muhammadu Buhari has reversed an exclusive right for holders of local refining licence to import petroleum products.…
Browsing Tag
PIB
PIA and the triumph of mischief
Have you heard the news? The Petroleum Industry Act (PIA) signed by President Muhammadu Buhari is the most anti-Niger Delta legislation in history, conceived and designed to…
PIB: Petrol Price Remains N162 A Litre, Cooking Gas Prices To Drop – FG
The price of petrol will still sell at between N162 and N165 per litre despite the signing of the Petroleum Industry Bill (PIB) into law, the Federal Government has…
PIA: NNPC will cease to exist within six months, says Mele Kyari
The federal government says the Nigerian National Petroleum Corporation (NNPC) will cease to exist within the next six months as specified by the Petroleum Industry Act (PIA).…
OPEC congratulates Buhari on signing PIB into law
The Organisation of Petroleum Exporting Countries (OPEC) has congratulated President Muhammadu Buhari for signing into law the Petroleum Industry Bill (PIB). The Secretary General of OPEC, Dr…
BREAKING: Senate passes harmonised PIB amidst protests
The Senate on Thursday passed the harmonised Petroleum Industry Bill which was produced by a conference committee of both chambers of the National Assembly last week.…