By Aluta News Aug 6, 2021 The Federal Government says it will again, engage Niger Delta oil producing host communities on the three per cent operational costs allocated to them in the recently passed Petroleum Industry Bill (PIB). Mr Timipre Sylva, Minister of State, Petroleum Resources, said this on FridayContinue Reading
By Aluta News July 6, 2021 Senate President Ahmad Lawan, has announced the composition of the Conference Committee on the Petroleum Industry Bill (PIB). The announcement was made on Tuesday at the plenary. The members of the committee include: Senate Leader, Yahaya Abdullahi, as Chairman,Sen. Mohammed Sabo, representing North-West Sen.AlbertContinue Reading
By Aluta News July 2, 2021 The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with excitement, the bold step by both chambers of the National Assembly to pass the Petroleum Industry Bill (PIB). NEITI gave the commendation in a statement signed by Obiageli Onuorah its Head, Communications and Advocacy,Continue Reading
By Aluta News July 1, 2021 Host communities will receive half a billion dollars annually, as funding from the three per cent approved for Host Communities Trust Fund in the Petroleum Industry Bill (PIB), the Senate has said. Chairman, Senate Committee on Petroleum Downstream, Sen. Mohammed Sabo said this whenContinue Reading
