PIB

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…

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…