Petroleum Industry Act

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged stakeholders in the oil and gas industry to fast-track the implementation of the Petroleum Industry Act (PIA), NAN reports. NAN said that the…

Blessing Iruoma A non governmental organisation, Connected Development (CODE) in collaboration with Power of Voices Partnership and OXFAM has called for the fast implementation of chapter three of the Petroleum Industry Act (PIA), which…

Emeka Okoroanyanwu History was made last week Tuesday, July 17, 2022 as Nigeria’s oil behemoth, the Nigerian National Petroleum Corporation (NNPC) transited from a public corporation to a limited liability company. The change came with a…

Senate President Ahmad Lawan, on Tuesday, urged the President Muhammadu Buhari-led government to transmit a bill to the National Assembly to amend the Petroleum Industry Act (PIA). Sen. Lawan made the call in his remarks moments before…

Anthony Iwuoma Senate President Ahmed Lawan has debunked reports that President Muhammadu Buhari has ordered the remove fuel subsidy. Sen. Lawan's stance, however, is at variance with that of Minister of Finance, Budget and National…

Senate President Ahmad Lawan has assured that the chamber would expedite action on the Electoral Act Amendment Bill having concluded all consultations on the President’s response. Sen. Lawan gave the hint, on Tuesday, in an address…

The Senate, on Thursday, confirmed the appointment of four nominees as members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The nominees are Idaere Gogo Ogan – Chairman; Farouk A. Ahmed – Chief Executive…

The Senate has received a request from President Muhammadu Buhari, to amend the Petroleum Industry Act 2021 passed by the National Assembly over two months ago. The request was contained in a letter dated September 16, 2021, and read…

Senate President Ahmad Lawan has said that the issue of insecurity remains the biggest challenge that must be prioritised and tackled headlong by constant engagement between the Executive and Legislature. Sen. Lawan stated this, on…

President Muhammadu Buhari has commenced implementation of the newly-signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering committee is headed by the Minister of State, Petroleum…