Tag Archives: Petroleum Industry Governance bill

The Federal Government, on Thursday, allayed fears over the sacking of workers of the Department of Petroleum Resources (DPR) and the Petroleum Products Pricing Regulatory (PPPRA) stating that workers of both agencies would be assimilated into the new petroleum industry regulator to be set up by the Petroleum Industry Governance Bill (PIGB). Speaking at a Round table on understanding the ...

It started as the Petroleum Industry Bill (PIB) introduced nearly ten years ago, and aimed at reforming the petroleum industry in Nigeria. It was actually described as “An Act to establish the legal and regulatory framework, institutions and regulatory authorities for the Nigerian petroleum industry, to establish guidelines for the operation of the upstream and downstream sectors, and for purposes ...

The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and final reading. The final report of the bill with the long title “A Bill for an Act to Provide for the Governance and Institutional Framework for the Petroleum Industry and for Related Matters (HBs. 477, 878 and 1053)”, which has 143 clauses was presented ...