The Minister of Petroleum, Diezani Alison-Madueke on Wednesday said that President Goodluck Jonathan has sent the latest draft of the Petroleum Industry Bill (PIB) to the National Assembly for debate.
“I am happy to announce to you that this morning Mr President forwarded the Petroleum Industry Bill to the national assembly,” Mrs Alison-Madueke told reporters at the presidential villa.
The long-delayed and complex bill could be one of the most important pieces of legislation in the history of the oil industry in Nigeria, changing everything from fiscal terms to the make-up of the state-oil firm.
Several drafts have been drawn up in recent years but have been scrapped or re-written because government, lawmakers and foreign oil companies couldn’t agree on details.
Elite creators like Dhar Mann ($65M) and iShowSpeed ($30M) are capturing unprecedented media revenue with…
Even though Russian national teams and clubs have been barred from international competitions since 2022,…
Like other oil producers, Iraq, a founding member of OPEC, was greatly affected by the…
NECO explained that the re-sit examination is specifically designed for candidates with conditional deficiencies in…
The rescued persons have been taken to medical facilities for treatment.
The boy had slipped into the family car while his father thought he was napping,…
