PIB: A basic guide

PIB: A basic guide

THE Petroleum Industry Bill, PIB, is a piece of legislation initially intended to address endemic structural, policy and managerial issues in the Nigerian oil and gas sector. Its goals were to enhance the value of the asset for the Nigerian people by plugging loopholes in policies and management and improving transparency and efficiency of the sector.
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Insecurity and the telecoms sector

Insecurity and the telecoms sector

TO say that Nigeria has a security conundrum might be begging the issue; the point is that since the civil war was fought and won more than 40 years ago, Nigerians have never been under threat as much as now.

Electrocution: Ogun warns against scavenging

Electrocution: Ogun warns against scavenging

FOLLOWING death of a father and his adopted son who were electrocuted in Abeokuta, Monday, he Ogun State Government, yesterday, warned residents to desist from scavenging on construction sites in areas where road expansion projects are ongoing across the state.

Lagos targets N22bn monthly IGR

Lagos targets N22bn monthly IGR

LAGOS State Internal Revenue Service, LIRS, has said it planned to rake in N22 billion per month as internally generated revenue, IGR, even as it said it would start prosecuting tax defaulters any moment now. Chairman of LIRS, Mr. Babatunde Fowler, spoke during the presentation of awards to artisans in the informal sector and Abibatu Mogaji.

Be hard on bank fraudsters, NDIC urges judges

Be hard on bank fraudsters, NDIC urges judges

The Nigeria Deposit Insurance Corporation (NDIC) has urged judges of the Federal High Court to be ‘hard on bank fraudsters’, so as to restore depositors’ confidence. Alhaji Umaru Ibrahim, the Managing Director of the Corporation, made the call at a sensitisation seminar on “The Challenges to Deposit Insurance Law and Practice”, for judges.