VANGUARD PAN Niger Delta Forum, PANDEF; Host Communities of Nigeria, HOSTCOM, and other stakeholders of oil-rich Niger Delta, yesterday, disagreed with Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Mr Mele Kyari, over his claim that three per cent…
THE GUARDIAN The oil-rich Niger Delta region has continued to suffer from the devastating effects of gas flaring and oil spills occasioned by operations of multinational firms. The development is creating apprehension among communities, who are apparently worried about their…
BUSINESS DAY In the revised Petroleum Industry Bill (PIB), the Federal Government will retain 100 shares of a newly created Nigerian National Petroleum Corporation (NNPC) Ltd, an ownership structure that failed to deliver value in the past and could make…
THE SUN Bayelsa State Government has called on its founding fathers and elders to be more vociferous in their support of the struggle for restructuring of the country and passage of the Petroleum Industry Bill (PIB). Governor Douye Diri, who…
VANGUARD 17 March 2021 FORMER National Chairman, Traditional Rulers of Oil Minerals Producing Communities of Nigeria, TROMPCON, HM Charles Ayemi-Botu, has advocated appropriation of not less than 25 per cent equity shareholding in the Petroleum Industry Bill, PIB, for host…
THE WILL The Petroleum Industry Bill (PIB) 2020 currently at the floor of the National Assembly is proposing that a trust fund, called the ‘Host Community Development Trust Fund’, be set up, where the oil and gas companies also referred…
PREMIUM TIMES Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities. Mr Diri, in a statement by his Chief Press Secretary,…
GUARDIAN Factions of the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have agreed to reconcile and present a harmonised position at the rescheduled public hearing on the Petroleum Industrial Bill (PIB).The meeting was at the instance of Senior…
GUARDIAN • As community leaders exchange blows at public hearing • Agitators dismiss hearing as sham, tragic • ‘We want holistic participation in oil industries’ • Residents warn current PIB will cause more problems • Country moving in right direction,…
THISDAY The Senate has queried the Ministry of Petroleum Resources over the payment of N98.4 million for the printing of leaflets for awareness programme for the Petroleum Industrial Bill (PIB) without due process. Its committee on Public Accounts has, therefore,…