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Tag:Petroleum Industry Act (PIA)

NNPC/Chevron JV concludes conversion of assets into PIA terms

In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC...

Group calls for review of Petroleum Industry Act 2021

The Connected Development (CODE), a non-governmental organisation (NGO), has called for the review of the Petroleum Industry Act (PIA) 2021 to ensure that host...

NNPC hides under PIA to frustrate disclosure, accountability – MAWA-Foundation

Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard for accountability, says it...

Oil, gas assets can only be transferred in accordance with PIA – Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the...

Subsidy removal, PIA, EVs preparing environment for green cars – NACETEM official

National Centre for Technology Management (NACETEM) official, Dr Abubakar Kazeem, says emergence of electric vehicles (EVs), government efforts at reducing gasoline and subsidy removal...

Activists fear PIA, oil company divestments will further impoverish Niger Delta

Health of Mother Earth Foundation (HOMEF) and We the People invited Niger Delta communities and civil society activists to a daylong conversation on the...

Group describes penalties for gas flaring under PIA as too weak

Health of Mother Earth Foundation (HOMEF), an environmental advocacy group, has observed that the penalty for gas flaring as contained in the Petroleum Industry...

Niger Delta fishermen applaud Buhari on assent to PIB

The Artisanal Fishermen Association of Nigeria (ARFAN) has commended President Muhammadu Buhari for signing the Petroleum Industry Bill (PIB) into law. Mr Samuel Ayadi, the...

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Experts take first step towards GEF-9 replenishment

With less than five years on the clock to meet key international environmental targets, experts gathered this week to...
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Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar Coastal Highway, located in Cross River and Akwa Ibom respectively,...

Five candidates cleared for AfDB presidency race – Committee

The race to lead the African Development Bank (AfDB) has officially begun with the release of the list of...

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Experts take first step towards GEF-9 replenishment

With less than five years on the clock to...

Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar...
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