Petroleum Industry Bill

President Muhammadu Buhari has on Monday, August 16 signed the Petroleum Industry Bill (PIB) 2021 into law. In statement issued by Femi Adesina, presidential spokesman, Buhari assented to the bill in his determination to fulfill his…

House of Representatives has on Thursday, July 5 stepped down controversial Petroleum Industry Bill (PIB) after an hour-long closed-door session. Further deliberation is expected to hold over the decision while the House is on…

Senate has on Thursday adopted a three percent allocation to host communities in Petroleum Industry Bill (PIB), despite protests by southern lawmakers at National Assembly. Southern lawmakers had demanded for five percent for host…

Two chambers of National Assembly - Senate and House of Representatives - have on Thursday passed Petroleum Industry Bill (PIB) after two decades. House of Representatives first passed the bill, before the Senate followed suit. In the…

There was confusion early Thursday at the venue of the public hearing on the Petroleum Industry Bill (PIB) as members of host communities broke into a fight. The fight started when Host Communities of Nigeria Producing Oil and Gas…