Mele Kyari – The Insight

Blogs Business Features Investigations Media Opinions Top Stories

Top 5 (Mis)information on Petroleum Industry Act

By Ele Ifah Sunday August 22, 2021 145 0

1. NNPC is being privatized No, NNPC is not privatized. NNPC is only becoming a limited liability company subject to CAMA, to be named NNPC Ltd (C will also now mean Company, not corporation). The share is still 100% government-owned. A major difference is, before PIA, NNPC had its own law: NNPC Act 1977, which […]Continue Reading

Business Fact Check Features Interviews Investigations Media Top Stories

CSOs make demands for the sustainable deregulation of the downstream petroleum sector

By Ele Ifah Sunday September 23, 2020 163 0

A consortium of Civil Society Organizations (CSOs) has asked the federal government to entrench the deregulation drive of the downstream sector of the petroleum industry by enacting appropriate legislation or embedding it as part of the Petroleum Industry Bill (PIB) expected to be submitted to the National Assembly soon. The consortium also demanded that the […]Continue Reading

Business Opinions Top Stories Uncategorized

‘How Nigeria can cope with plummeting crude oil prices’

By Theophilus Abbah March 10, 2020 210 0

Eliminate oil theft and leakages in the system Optimize supply chain Introduce alternative energies Maintenance of distribution infrastructure Passage of the Petroleum Industry Bill Remove fuel subsidy Bring in multiple players to participate in importation Oil marketers, under the umbrella of the Major Oil Marketers Association of Nigeria (MOMAN), has said that the global Continue Reading

Trending

Social Media