PIB: Niger Delta May Boil As Militants Threaten Fresh Hostilities

Posted by - July 23, 2021

A militants group, Niger Delta Revolutionary Crusaders (NDRC), has threatened to resume hostility over the three percent for host communities in the recently passed Petroleum Industry Bill (PIB) by the National Assembly. It said its commanders have returned to the creeks of the Niger Delta region waiting to strike. The militants in a statement on

PIB: Deregulation Of Petrol Inevitable – OIL Marketers

Posted by - July 7, 2021

The Major Oil Marketers Association of Nigeria (MOMAN) says Nigeria is gradually heading toward full deregulation of the Premium Motor Spirit (PMS) with the passage of the Petroleum Industry Bill (PIB). Mr Adetunji Oyebanji, Chairman, MOMAN, made the assertion during a panel session at the ongoing Nigeria Oil and Gas (NOG) conference and exhibition on

Senate Constitutes Conference Committee On PIB

Posted by - July 6, 2021

Senate President Ahmad Lawan has announced the composition of the Conference Committee on the Petroleum Industry Bill (PIB).https://scudnewsng.com The announcement was made on Tuesday at the plenary. The members of the committee include Senate Leader, Yahaya Abdullahi, as Chairman, Sen. Mohammed Sabo, representing North-West Sen.Albert Bassey representing South-South, Sen. Danjuma Goje North-East, Sen. Opeyemi Bamidele,

Breaking: Southern Governors Set Sept.21 Deadline For Promulgation of Anti-open Grazing Law By Member States…Rejects 3% Equity Share In PIB For Oil-producing Communities

Posted by - July 5, 2021

The Southern Governors Forum (SGF) has set September 21, 2021, as the deadline for all states in the southern flank of the country to promulgate the Anti-open grazing law in line with an earlier position taken in Asaba, Delta State.https://scudnewsng.com The governors also said President Muhammadu Buhari’s successor should be from the south and rejected

Oil Producing States Deserve More Than 3 Percent Allocation -IPMAN Chair

Posted by - July 2, 2021

Mr Joseph Obele, Chairman, Rivers State Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has expressed his dissatisfaction over the three percent oil derivation take approved by the senate for oil producing communities. Obele, in a statement made available to newsmen on Thursday in Port Harcourt, said that the long-awaited Petroleum Industry Bill

GMD NNPC To Brief Senate On Thursday On PIB

Posted by - June 30, 2021

Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) is expected to brief the Senate on Thursday on technical aspects of the Petroleum Industry Bill (PIB) 2021.https://scudnewsng.com President of the Senate, Ahmad Lawan, disclosed this at Wednesday’s plenary. Lawan said the briefing was to educate senators on the technicalities and financial implications of