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...Bill Negates Nigeria’s Commitment To Paris Agreement Fault PIB For Giving Oil Companies Overriding Power To Nominate All Members of BoT of Host Communities Call For Deletion Of Clause Seeking To Make Communities Forfeit Benefits Over Act Of Vandalism The Nigerian government has been urged to abandon its aggressive search for oil in the propped-up…
July 7, 2021
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill by the National Assembly. OPEC Secretary-General, Dr Mohammad Barkindo, gave the commendation at the ongoing 20th Nigeria Oil and Gas Conference (NOG) in Abuja, on Tuesday. The theme of the conference…
July 6, 2021
It’s Satanic, unjust, embarrasing – E.K. Clark It’s totally unacceptable -- UPU, Others HOSTCON Hails Passage, Asks NASS To Review Host Community Fund Quota Leaders Criticize 30% Provision for Oil Search In the Frontier Basins Several provisions contained in the Petroleum Industry Bill, (PIB) passed into law by the National Assembly on Thursday, July 1,…
July 5, 2021
Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
The federal government has expressed readiness to enter into a partnership with the Delta State government with a bid to identify potential products and services available in the South-south state that could be explored and developed for export under the African Continental Free Trade Area Agreement (AfCFTA). The Minister of Industry, Trade and Investment, Mr.…
July 2, 2021
Lawan: ‘Demon’ Behind Non-passage Finally Defeated The Nigerian Senate has allocated 30 per cent of accruing profit from Nigerian National Petroleum Corporation (NNPC) to the aggressive pursuit of oil exploration in Northern Nigeria in the Petroleum Industry Bill (PIB) passed on Thursday after about two decades of stalling. The 30 per cent funding mechanism approved…
July 2, 2021
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that a new Revenue Allocation Formula (RAF) will be ready for implementation before the end of 2021. RMAFC stated that the review of the RAF has been concluded. This disclosure was made in a statement issued on Monday. Many Nigerians have been calling for a revised…
June 29, 2021
President Says Threat Unnecessary After His Meeting With N'Delta Leaders Avengers Appoint First Female Field Commander To lead “Operation Humble Economy” Threaten Clampdown on Politicians colluding With FG to Undermine Region Akpabio’s Submission Of Forensic Report Remains Uncertain -- Leaders President Muhammadu Buhari on Sunday responded to the threat by the Niger Delta Avengers (NDA),…
June 28, 2021
Re-emphasizes Need for IOCs to relocate headquarters to Niger Delta Exactly three working days to June end deadline given by the National Assembly to pass the age-long Petroleum Industry Bill, (PIB) to law, the Host Communities of Nigeria, oil and gas, (HOSCON) has reminded the lawmakers on the need to ensure that their demand for…
June 26, 2021
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...Bill Negates Nigeria’s Commitment To Paris Agreement Fault PIB For Giving Oil Companies Overriding Power To Nominate All Members of BoT of Host Communities Call For Deletion Of Clause Seeking To Make Communities Forfeit Benefits Over Act Of Vandalism The Nigerian government has been urged to abandon its aggressive search for oil in the propped-up…
July 7, 2021
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill by the National Assembly. OPEC Secretary-General, Dr Mohammad Barkindo, gave the commendation at the ongoing 20th Nigeria Oil and Gas Conference (NOG) in Abuja, on Tuesday. The theme of the conference…
July 6, 2021
It’s Satanic, unjust, embarrasing – E.K. Clark It’s totally unacceptable -- UPU, Others HOSTCON Hails Passage, Asks NASS To Review Host Community Fund Quota Leaders Criticize 30% Provision for Oil Search In the Frontier Basins Several provisions contained in the Petroleum Industry Bill, (PIB) passed into law by the National Assembly on Thursday, July 1,…
July 5, 2021
Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
The federal government has expressed readiness to enter into a partnership with the Delta State government with a bid to identify potential products and services available in the South-south state that could be explored and developed for export under the African Continental Free Trade Area Agreement (AfCFTA). The Minister of Industry, Trade and Investment, Mr.…
July 2, 2021
Lawan: ‘Demon’ Behind Non-passage Finally Defeated The Nigerian Senate has allocated 30 per cent of accruing profit from Nigerian National Petroleum Corporation (NNPC) to the aggressive pursuit of oil exploration in Northern Nigeria in the Petroleum Industry Bill (PIB) passed on Thursday after about two decades of stalling. The 30 per cent funding mechanism approved…
July 2, 2021
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that a new Revenue Allocation Formula (RAF) will be ready for implementation before the end of 2021. RMAFC stated that the review of the RAF has been concluded. This disclosure was made in a statement issued on Monday. Many Nigerians have been calling for a revised…
June 29, 2021
President Says Threat Unnecessary After His Meeting With N'Delta Leaders Avengers Appoint First Female Field Commander To lead “Operation Humble Economy” Threaten Clampdown on Politicians colluding With FG to Undermine Region Akpabio’s Submission Of Forensic Report Remains Uncertain -- Leaders President Muhammadu Buhari on Sunday responded to the threat by the Niger Delta Avengers (NDA),…
June 28, 2021
Re-emphasizes Need for IOCs to relocate headquarters to Niger Delta Exactly three working days to June end deadline given by the National Assembly to pass the age-long Petroleum Industry Bill, (PIB) to law, the Host Communities of Nigeria, oil and gas, (HOSCON) has reminded the lawmakers on the need to ensure that their demand for…
June 26, 2021
