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Thursday, 25 July 2013
PIB: NORTHERN GOVERNORS OPPOSE HOST COMMUNITY FUND
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Tuesday, 23 July 2013
PIB FISCAL TERMS ARE THE HARSHEST IN THE WORLD – IOCs
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Senate Joint Committee Public Hearing on the PIB |
“The fiscal terms in the current draft of the Petroleum Industry Bill (PIB) are not only the "harshest", but the "most uncompetitive in the world”, oil and gas operators in Nigeria have said. At the senate joint committee-led public hearing on the PIB held last Thursday in Abuja, Federal Capital Territory (FCT), representatives of the oil majors, including indigenous oil companies advanced an array of reasons for their mounting opposition to the Bill.
Under the platform of the
Oil Producers Trade Section (OPTS) which represents about
18 international and indigenous oil companies in Nigeria, both foreign and local operators are ostensibly united in their sharp criticism of the
proposed oil regime.
The OPTS
representative told the Nigerian parliament that the body (OPTS) supports the
Bill’s objectives to create a conducive business environment for petroleum operations;
and to enhance exploration and exploitation of petroleum resources in Nigeria. However,
the Bill as currently drafted will not deliver these objectives. As more and more
countries are opening their boundaries for exploration and production, what
Nigeria needs is an investment friendly and business conducive environment.
Given the scale and magnitude of reforms, Nigeria cannot afford to get things
wrong.
Sunday, 21 July 2013
PIB: MINISTER'S POWERS NOT TOO MUCH - DIEZANI ALLISON MADUEKE
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Tuesday, 16 July 2013
PIB: CSOs DEVELOP JOINT AGENDA
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Wednesday, 10 July 2013
ENGAGING OIL PRODUCING COMMUNITIES ON THE PIB (CALABAR PHOTOS)
Monday, 8 July 2013
JUSTICE NOW!!! FOR VICTIMS OF YOBE SCHOOL MASSACRE
Spaces for Youth Development
and Social Change (SPACES FOR CHANGE) condemns in very strong terms, the gruesome
killing of 29 pupils and a teacher at a school in Mamudo town, Yobe State, allegedly
perpetrated by an Islamic terror group popularly known as Boko Haram. According
to news reports today, the death toll has risen to 45! Spaces for Change
considers the latest incident as a monumental threat to national peace and
security, and more so, a gross and systematic violation of the right to life which
has disproportionately targeted harmless
young people for several months. Not only that, we are deeply saddened that these escalating attacks
are happening at a time the Federal Government has declared a state of
emergency in Yobe and other states in North East Nigeria.
Tuesday, 2 July 2013
PIB: Can Oil Producing Communities Stop Crude Oil Theft?
By Chika Onuegbu PENGASSAN/NUPENG
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