Tag: Petroleum Industry Bill
Nigeria’s President Muhammadu Buhari has sent the revised Petroleum Industry Bill to the National Assembly for deliberation. The new bill, will among other things privatize the Nigerian National Petroleum Corporation according to Reuters. Gbenga Biobaku, Senior Partner at Gbenga Biobaku & Co joins CNBC Africa’s Esther Awoniyi for more.
Nigeria’s President, Muhamamdu Buhari is expected to send a revised version of the Petroleum Industry Bill to the Senate for consideration and approval next week. The much-awaited 20-year-old bill is expected to revamp Nigeria’s oil and gas sector, improve local content and drive both local and domestic investments. Adeoye Adefulu, Partner at Odujinrin and Adefulu joins CNBC Africa for more.
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva says he is optimistic that the Petroleum Industry Bill will be passed before May. As 2020 marks the start of a new decade, what future awaits Nigeria’s oil and gas sector without the PIB? Gbenga Biobaku, Senior Partner at Gbenga Biobaku & Co. joins CNBC Africa for more.
Nigeria's oil and gas industry stakeholders say the country is fast losing its comparative advantage with the delay in the passage of the Petroleum Industry Bill. CNBC Africa's Wole Famurewa spoke to Adeoye Adefulu, Partner at Odujinrin and Adefulu to discuss this story.
Senator Omotayo Alasoadura provides timeframe of proposed PIB
Nigeria's Senate passed a long-awaited oil governance bill following its third and final reading, it said on its official Twitter feed on Thursday. The Petroleum Industry Governance Bill is part of proposed reforms...