PIB

The continued public listening to on the Petroleum Trade Invoice (PIB) on Thursday hit a snag as members of the host neighborhood exchanged blows in the course of the listening to. The host neighborhood is an integral a part of the PIB, nonetheless, challenge of illustration brought on the pandemonium. The fistfight broke out when opposing reps exchanged blows over …

Oil large, Complete Nigeria has raised an alarm over the proposed Petroleum Trade Invoice (PIB). Complete Nigeria in a memorandum submitted to the Home Advert hoc committee on PIB, throughout a public listening to, stated the revised model of the invoice might make the nation uncompetitive for investments. In accordance with the doc sighted by DAILY POST, the oil firm …

Leaders of oil host communities within the Niger Delta area and the Minister of State for Petroleum, Timipre Sylva, on Tuesday traded tackles over the ten% advice of revenue to be paid to the communities by the late President Shehu Musa Yar’adua. The opposing views by the leaders of oil host communities who have been current of their numbers have …

Delta State Governor, Arthur Ifeanyi Okowa, has recommended President Muhammadu Buhari for appointing an illustrious son of Agbor Group, Gen. Leo Irabor, as the brand new Chief of Protection Workers, CDS. The governor stated the appointment is an “elevated duty given to a deserving officer.” Governor Okowa made the assertion in a press release issued and signed by his Chief …

As Senate Joint Committee on Petroleum Sector (Downstream); Petroleum Sector (Upstream); and Fuel begins a 2-day public listening to, of a invoice for an Act to supply a authorized framework for the Petroleum Trade Invoice (PIB), Senate President, Ahmad Lawan stated the invoice was stalled for 21 years for lack of session. In his opening deal with to declare the …

The Petroleum and Pure Gasoline Senior Employees Affiliation, PENGASSAN has known as on lawmakers engaged on the Petroleum Business Invoice (PIB) to consider areas that may maintain the business within the proposed invoice. The physique, whereas making their submissions on the Public listening to on Monday, requested the Nationwide Meeting to stability the curiosity of the buyers, employees, and the …

Vice President, Yemi Osinbajo, SAN, has urged stakeholders within the oil business to search out and agree on cheaper means of manufacturing oil within the nation. Osinbajo additionally stated that there’s want for stakeholders within the sector to agree on easy methods to create a extra aggressive surroundings and likewise maximize alternatives within the oil and gasoline business. The vice …

The President of the Senate, Ahmad Lawan, declared Tuesday in Abuja that the demons irritating the passage and Presidential Assent to the Petroleum Business Invoice (PIB) throughout the final 14 years, can be defeated this 12 months by the ninth Nationwide Meeting. Lawan, who made the declaration, whereas chatting with journalists on his 62 birthday celebration, stated the patriotic zeal …