Tag archive of Petroleum Industry Bill

E-Conference Report: THE PIB & YOU by Spaces for Change

The new version of the PIB seamlessly weaves some notably progressive provisions with a number of disturbing additions that require serious debate and reconsideration. In essence, the 223-page PIB includes plans to unbundle and list the state-owned Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange; increase taxation for deep offshore; and give the oil minister supervisory powers over all institutions in the industry.

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National Assembly Gets Authentic Petroleum Industry Bill 2012.

President Goodluck Jonathan Wednesday forwarded the original Petroleum Industry Bill (PIB) to the National Assembly and directed that the soft copy be made available to stakeholders and the public by the Ministry of Petroleum Resources. view full text Download authentic PIB sent to the National Assembly

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