PIB MUST ADEQUATELY ADDRESS ROYALTY ISSUES – EGBOGA

A former Presidential Adviser on Petroleum and Chairman, Emerald Energy Resources Limited, Dr. Emmanuel Egboga, has said that the Petroleum Industry Bill must address issues on royalties holistically.

 

He said this at a luncheon presentation to the Petroleum Club in Lagos.He said in July 2012 a new draft of the PIB was submitted to the National Assembly for consideration and passage into law.

 

Read more @ Punch Online

REPS PASS PETROLEUM INDUSTRY BILL

The House of Representatives, yesterday, passed the Petroleum Industry Bill (PIB) in a valedictory session to end the Seventh Assembly

And as the Seventh Senate came to an end also yesterday, out-going Senate President, David Mark, has taken responsibility for any shortcoming by the upper chamber even as a political watchdog, Transition Monitoring Group (TMG), rejected the 46 bills passed Wednesday by the Senate National Assembly.

Read more @ Guardian

INCOMING NATIONAL ASSEMBLY MAY NOT PASS PIB

The Chairman, Senate Committee on Public Accounts, Senator Ahmad Lawan, has expressed fears that the Petroleum Industry Bill may not be passed by the incoming eighth National Assembly if the contentious issues in the document are not addressed.

 

Lawan, in an interview with our correspondent in Abuja on Monday, explained that the bill was rejected by the sixth and seventh National Assembly because some of the provisions side-lined a section of the country.

 

Read more @ Punch Online

FG, SENATE NOT INTERESTED IN PIB PASSAGE

The Senator representing Gombe Central and Vice-Chairman, Senate Committee on Petroleum Resources (Downstream), Danjuma Goje, has expressed strong fears that the Petroleum Industry Bill (PIB), might not be passed by the current National Assembly.

Read more on Daily Independent