Suggestions




··

Buhari Signs Petroleum Industry Bill Into Law

August 16, 2021
by
Buhari
Buhari

PRESIDENT Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law.

The President who is currently working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday, assented to the Bill on Monday.

Join our WhatsApp Channel

It is understood that the ceremonial part of the new legislation will be done on Wednesday, after the days of mandatory isolation would have been fulfilled.

The Petroleum Industry Act provides legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry, the development of host communities, and related matters.

The Senate passed the Bill on July 15, 2021, while the House of Representatives followed suit on July 16.

Details Later……..

+ posts

Editor

Business Owners Need Insurance
Previous Story

Reasons Why Business Owners Need Insurance

Next Story

The Flight Of ‘Common Sense’ In Afghanistan

Featured Stories

Latest from News

Ghana Recalls Envoy to Nigeria Over Alleged Election Misconduct

Ghana has recalled its high commissioner to Nigeria, Mohammed Baba Jamal Ahmed, over allegations that he was involved in vote-buying during a party primary election, the presidency said. The recall was ordered by President John Dramani Mahama and took immediate effect, according

CBN Clears Bank of Industry to Roll Out Non-Interest Financing Window

The Bank of Industry (BoI) has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking a major expansion of its financing framework aimed at promoting inclusive and sustainable industrial development. The approval authorises
What Next shall We Name After Tinubu?

Tinubu Again Meets Wike, Fubara Over Rivers Political Crisis

 President Bola Tinubu on Sunday held another meeting with Rivers State Gov. Siminalayi Fubara and Federal Capital Territory Minister Nyesom Wike as efforts continue to resolve a prolonged political standoff in the oil-producing state. Presidency sources said the meeting took place Sunday
Tinubu's Wife To Nigerians: 'My Husband Not Magician', Calls For Hope, Trust

Nigeria’s First Lady Calls for More U.S. Strikes

Nigeria’s First Lady, Oluremi Tinubu, said U.S. airstrikes on Islamist militants in northwest Nigeria were a “blessing” and signalled that her husband’s government is seeking deeper security cooperation with Washington as the country battles insurgency and violent crime. Speaking in an interview
Business Owners Need Insurance
Previous Story

Reasons Why Business Owners Need Insurance

Next Story

The Flight Of ‘Common Sense’ In Afghanistan

Don't Miss

2022 Major Oil-Producing Countries In Africa

South Africa’s Plant-based Industry Knocks Government’s Meaty Names Ban

The South Africa’s plant-based industry has reacted to the recent

A Time To Begin Again – Utomi

Let me, welcome you on behalf of a group of