Petroleum Industry Act – A New Era for the Nigerian Oil and Gas Upstream Industry

Petroleum Industry Act – A New Era for the Nigerian Oil and Gas Upstream Industry

Introduced in 2007 to revamp the oil and gas sector, ensure an optimal level of transparency and accountability by strengthening governing institutions and attract the much-needed capital through changes to the governance, administrative, fiscal and regulatory frameworks, President Muhammadu Buhari assented to the Petroleum Industry Bill (PIB) on 16 August 2021 and renamed it the Petroleum Industry Act (“PIA” or the “Act”).
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Again, BMO tackles PDP

Again, BMO tackles PDP

The Buhari Media Organisation (BMO) has accused the Peoples Democratic Party (PDP) of criminally misrepresenting the position of the Chairman of President Muhammadu Buhari’s Economic Advisory Council (EAC), Prof. Doyin Salami on external borrowing.
The group said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, that the misrepresentation was, however “in line with the character of a party that is clearly struggling for survival in the face of massive infrastructure development it could not do in 16 years.

Senate mulls life imprisonment for kidnappers

Senate mulls life imprisonment for kidnappers

If a Bill presently before the Senate passes third reading, kidnappers will be sentenced to life imprisonment as punishment for the offence committed, just as a jail term of thirty years will be for the collection of ransom.

Buhari orders deployment of technology to tax digital transactions

Buhari orders deployment of technology to tax digital transactions

President Muhammadu Buhari has ordered  deployment of technology to tax all digital transactions carried out across the country. The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha disclosed this  at the 17th General Assembly and 10th anniversary of the West Africa Tax Administration Forum (WATAF) in Abuja on Tuesday. The assembly is […]

Buhari, Biden, others attend opening of UNGA 76 in New York

Buhari, Biden, others attend opening of UNGA 76 in New York

President Muhammadu Buhari and U.S. President Joe Biden were among the world leaders that attended the opening of the General Debate of the 76th session of the General Assembly at the UN headquarters on Tuesday in New York.

COVID-19: Nigeria ‘ll not be on UK’s red alert list,NPHCDA assures

COVID-19: Nigeria ‘ll not be on UK’s red alert list,NPHCDA assures

By Joseph Erunke ABUJA- THE federal government has assured that Nigeria would not be amongst countries listed on the United Kingdom’s (UK) red list. Executive Secretary, National Primary Health Care Development Agency,NPHCDA,Dr Faisal Shuaib,who,gave the assurance, Tuesday,at a briefing he held to update Nigerians on the progress on the ongoing COVID-19 vaccination in the country,said already,the […]