The non-passage of the Petroleum Industry Bill (PIB) by the Nigerian government has continued to impact the country negatively, especially as it makes the country’s oil and gas space less attractive to the investors.
This is despite its…
The Minister of State for Petroleum Resources, Timipre Sylva, has said that the growth of Nigeria’s oil industry has not been heavily impacted by the coronavirus pandemic, assuring that key priority projects that had been up for execution…
The Organisation of Petroleum Exporting Countries (OPEC) has said that the number of active oil rigs in Nigeria declined by 30% in October, with the rig count falling to seven in October from 10 in September.
The rig count is largely a…
…As Buhari presents 2021 budget next weekThe Nigerian National Assembly Joint Committee on Petroleum Resources (Downstream), Petroleum Resources (Upstream) and Gas have reportedly had preliminary engagements with the Federal…
Nigeria’s minister of state petroleum resources, Mr Timipre Sylva, has warned Nigerians to be wary of their fate as the days of oil are now numbered.
Speaking in Abuja at an interactive meeting with the leadership of the National…
The leadership of the National Assembly said yesterday that the Ninth Assembly will break the jinx of not being able to pass the Petroleum Industry Bill (PIB) after several attempts.
President of the Senate, Ahmad Lawan and the Speaker…
The inability of the Federal Government of Nigeria to undertake far-reaching reforms in the Nigerian petroleum industry in the last ten years has cost the country over $150 billion.
Related: National Assembly Abandons Controversial…
