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POLITICS

Today's Headlines: Buhari Approves New Appointment, 22 Houses Burnt In Latest Kaduna Attack

Buhari Approves New Appointment The President, Major General Muhamamdu Buhari (retd. ), has commenced implementation of the newly signed Petroleum Industry Act by approving a steering committee to oversee the process. Photo credit: Punch Newspapers According to a statement issued on Wednesday by the Special Adviser to the President on Media and Publicity, Femi Adesina, the steering committee will be led by Timipre Sylva, Minister of State for Petroleum Resources.

  1 year ago ago
Today's Headlines: Buhari Approves New Appointment, 22 Houses Burnt In Latest Kaduna Attack

ECONOMY-FINANCE

FG's Plan To Privatize NNPC Shows That It Is Interested In Increasing The Salary Of Workers

Image credit: Alexis News Timipre Sylva revealed that the FG has decided to privatize NNPC because there is no ability to manage the finances and pay salaries anymore to its workers. According to reports, he revealed that it would be more beneficial to Nigerians that are working in NNPC because they will begin to earn more money the moment NNPC is privatized.

  11 months ago ago
FG's Plan To Privatize NNPC Shows That It Is Interested In Increasing The Salary Of Workers

ECONOMY-FINANCE

OPINION: Main Reason Why FG Wants To Turn NNPC Into A Private Organisation In The Next Six Months

The Federal Government had said that the Nigerian National Petroleum Corporation (NNPC) will become a commercial company within the next six months. This was disclosed on Tuesday by the Minister of State for Petroleum Resources, Timipre Sylva, while speaking on a press conference in Abuja, disclosed that a transitional Committee had been set in place to incorporate NNPC limited.

  1 year ago ago
OPINION: Main Reason Why FG Wants To Turn NNPC Into A Private Organisation In The Next Six Months

POLITICS

Today's Headlines: President Buhari Makes New Approval, Olusegun Obasanjo Speaks About Youths

President Buhari Makes New Approval Photo Credit: Punch Newspapers President Muhamamdu Buhari has commenced implementation of the newly signed Petroleum Industry Act by approving a steering committee to oversee the process. A statement issued on Wednesday by the Special Adviser to the President on Media and Publicity, Femi Adesina, revealed that the steering committee will be headed by the Minister of State, Petroleum Resources, Timipre Sylva.

  1 year ago ago
Today's Headlines: President Buhari Makes New Approval, Olusegun Obasanjo Speaks About Youths

POLITICS

4 Major Provisions Of The Petroleum Industry Bill Signed By Buhari & How They Will Affect Nigerians

President Muhammadu Buhari finally signed the controversial Petroleum Industry Bill into law on Monday, August 16, 2021. The president signed the bill into law amidst the rejection of the provision of the bill by some Southern sociopolitical groups, like the Ijaw National Council, and others.

  1 year ago ago
4 Major Provisions Of The Petroleum Industry Bill Signed By Buhari & How They Will Affect Nigerians

POLITICS

President Buhari Approves Steering Committee On Petroleum Industry Act

President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva. Other members are: Permanent Secretary, Ministry of Petroleum Resources, Group Managing Director, NNPC, Executive Chairman, FIRS, Representative of the Ministry of Justice, Representative of the Ministry of Finance, Budget and National Planning, Senior Special Assistant to the President on Natural Resources, Barrister Olufemi Lijadu as External Legal Adviser, while the Executive Secretary, Petroleum Technology Development Fund, will serve as Head of the Coordinating Secretariat and the Implementation Working Group.

  1 year ago ago
President Buhari Approves Steering Committee On Petroleum Industry Act

POLITICS

President Buhari Approves Steering Committee On Petroleum Industry Act

President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva. Other members are: Permanent Secretary, Ministry of Petroleum Resources, Group Managing Director, NNPC, Executive Chairman, FIRS, Representative of the Ministry of Justice, Representative of the Ministry of Finance, Budget and National Planning, Senior Special Assistant to the President on Natural Resources, Barrister Olufemi Lijadu as External Legal Adviser, while the Executive Secretary, Petroleum Technology Development Fund, will serve as Head of the Coordinating Secretariat and the Implementation Working Group.

  1 year ago ago
President Buhari Approves Steering Committee On Petroleum Industry Act

POLITICS

4 Important Provisions Of The Petroleum Industry Bill Signed Into Law By Buhari

President Muhammadu Buhari signed into law the Petroleum Industry Bill into law on Monday, August 16, 2021, after many years of controversy. The president signed the bill into law despite the fact that some Southern sociopolitical groups, like the Ijaw National Council and others kicked against some of the provisions of the bill.

  11 months ago ago
4 Important Provisions Of The Petroleum Industry Bill Signed Into Law By Buhari

POLITICS

Buhari and Timipre are no longer welcome to Niger Delta - Says Youths

Niger Delta youths from Ijaw declared that the President of Nigeria, Major General Muhammadu Buhari and the Minister of State for Petroleum Resources, Timipre Sylva, are no longer welcome to the region over their perceived roles in the passage and signing of the Petroleum Industry Bill into law, despite the wide condemnation that greeted the bill from Nigerians.

  11 months ago ago
Buhari and Timipre are no longer welcome to Niger Delta - Says Youths

ECONOMY-FINANCE

Federal Government Scrappes DPR, PPPRA and PEF, Inaugurates 2 New Agencies as Replacement

The Federal Government of Nigeria has scrapped the Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalisation Fund (PEF) and the Department of Petroleum Resources (DPR) as new oil agencies take off. This exercise is in accordance with the new Petroleum Industry Act (PIA), which specified that two regulatory agencies will henceforth perform the duties of the defunct PEF, PPPRA and DPR.

  9 months ago ago
Federal Government Scrappes DPR, PPPRA and PEF, Inaugurates 2 New Agencies as Replacement

ECONOMY-FINANCE

Federal Government clears air on increasing fuel price

Federal Government has said the pump price of petrol will remain N162 per litre, until it reaches an agreement with the Organised Labour for full deregulation of the downstream petroleum sector. Minister of State for Petroleum Resources, Chief Timipre Sylva, stated this on Tuesday while speaking with reporters in Abuja.

  1 year ago ago
Federal Government clears air on increasing fuel price

ECONOMY-FINANCE

Fuel Pump price to remain N165 until Federal Government agrees with Labour

The Federal Government of Nigeria has said that the fuel pump price will be N165 until it reaches an agreement with the Organised Labour for full deregulation of the downstream petroleum sector, FG maintained that fuel will continue to be sold at N162 per liter. This will continue until the FG reaches an agreement with the leadership of the Organised Labour for full deregulation of the downstream petroleum sector.

  11 months ago ago
Fuel Pump price to remain N165 until Federal Government agrees with Labour

ECONOMY-FINANCE

Federal Government To Keep Pump Price At N162/litre

The Federal Government has come out to say that the pump Price will stay at 162 Naira per litre. The Federal Government of Nigeria insists the fuel price will remain at 162 Naira until it reaches a collective decision with Labour for the Full deregulation of the Petroleum sector.

  1 year ago ago
Federal Government To Keep Pump Price At N162/litre

ECONOMY-FINANCE

Fuel Price Remains N162 Per Litre - FG

The Federal Government has announced that the price of petrol at the pump would stay at N162 until it reaches an agreement with Organized Labor on full deregulation of the downstream petroleum industry. Chief Timipre Sylva, Minister of State for Petroleum Resources, revealed this in an interview with journalists in Abuja on Tuesday.

  1 year ago ago
Fuel Price Remains N162 Per Litre - FG

ECONOMY-FINANCE

FG Makes Another Important Announcement That Will Affect Petroleum Users

President Muhammadu Buhari inaugurated a steering group to monitor the reform program's transition to the petroleum industry. The government has put on hold the Petroleum Industry Act (PIA) until August 2022. This was owing to uncertainty about the PIA failing to pass, as well as a lack of progress and stagnation in the sector.

  11 months ago ago
FG Makes Another Important Announcement That Will Affect Petroleum Users

POLITICS

President Buhari Has Approved The Committee To Implement Petroleum Industry Act

On Wednesday, President Buhari commenced the implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to look over the process. Mr. Timipre Sylva, The Minister of State and Petroleum Resources, is the Head of The steering committee. Other members of this committee are: Permanent Secretary, Ministry of Petroleum Resources, NNPC, Executive Chairman, Group Managing Director, FIRS, Representative of the Ministry of Justice, Senior Special Assistant to the President on Natural Resources, Representative of the Ministry of Finance, Budget and National Planning, Barrister Olufemi Lijadu as External Legal Adviser, while the Executive Secretary, Petroleum Technology Development Fund, will serve as Head (Leader) of the Coordinating Secretariat and the Implementation Working group.

  1 year ago ago
President Buhari Has Approved The Committee To Implement Petroleum Industry Act

POLITICS

Buhari Approves Steering Committee On Petroleum Industry Act (PIB) To Be Headed By Timipre Sylva

Nigeria's president, Muhammadu Buhari has approved the steering committee for the implementation of the newly signed Petroleum Industry Act (PIB). Muhammadu Buhari, Credit : PUNCH The committee will be headed by the State Minister Of State, Petroleum Resources, Timipre Sylva. This was contained in a statement issued on Wednesday by Femi Adesina, the Special Adviser to the President on Media and Publicity.

  1 year ago ago
Buhari Approves Steering Committee On Petroleum Industry Act (PIB) To Be Headed By Timipre Sylva

POLITICS

Petroleum Industry Act: 5 Obstacles The Implementation Committee Must Overcome To Succeed (Opinion)

The Nigerian president Mohammadu Buhari on Wednesday, set up an implementation steering committee to work towards the implementation of the Petroleum Industry Act. The Committee is headed by the Minister of State Petroleum Resources, Chief Timipre Sylva. The president handed the committee a 12 months time frame to complete the implementation process.

  11 months ago ago
Petroleum Industry Act: 5 Obstacles The Implementation Committee Must Overcome To Succeed (Opinion)

POLITICS

Buhari Approves Steering Committee To Oversee PIA Implementation

The Executive President of Nigeria, Muhammadu Buhari, has approved a committee to that will oversee the implementation of the of the Petroleum Industry Act. This was revealed by Femi Adesina, the Special Adviser to the President on Media and Publicity in a statement on Wednesday, noting that the committee will be headed by Timipre Sylva, the Minister of State, Petroleum Resources.

  11 months ago ago
Buhari Approves Steering Committee To Oversee PIA Implementation

POLITICS

BREAKING: Buhari Approves Steering Committee On Petroleum Industry Act

The President, Major General Muhamamdu Buhari (retd retd. ), has commenced commission of the new autographed Petroleum Industry Act by approving a steering commission to oversee the process. A statement issued on Wednesday by the Special Adviser to the President on Media and Ballyhoo, Femi Adesina, revealed that the steering commission will be headed by the Minister of State, Petroleum Coffers, Timipre Sylva.

  1 year ago ago
BREAKING: Buhari Approves Steering Committee On Petroleum Industry Act