President Muhammadu Buhari has approved a steering committee to oversee the process of implementation of the newly signed Petroleum Industry Act .The president, who announced this while marking the passage the PIA, which he signed into law on August 16, said Nigeria lost an estimated $50 billion worth of investments in 10 years, created by the uncertainty of non-passage of the PIB, lack of progress and stagnation in the petroleum industry.
He, therefore, directed all relevant Ministries, Departments and Agencies of government to fully cooperate in ensuring the successful and timely implementation of the PIA.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As Buhari Makes History with Petroleum Industry Act…Late Chief of Staff hailed James Ume Nigeria recorded a major progress on the Petroleum Industry Bill (PIB) on Monday as President Muhammadu Buhari signed it into law exactly 48 days after i… Niger Delta's are really slaves with this PIA
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
BREAKING: Buhari approves steering committee on Petroleum Industry ActBuhari (retd.), has commenced implementation of the newly signed Petroleum Industry Act by approving a steering committee to Why is Bubu featuring in every fuel music? Anything him want make him do abeg, wetin consine us? Money gotten from sales of petroleum , 3% of it will go to the host communities and 30% will go to north That's right niger_delta now mute
Source: MobilePunch - 🏆 8. / 63 Read more »
Buhari appoints Sylva as head of committee on Petroleum Industry ActPresident Muhammadu Buhari has appointed Timipre Sylva, Minister of State, Petroleum Resources, as head of the committee on the implementation of the newly signed Petroleum Industry Act (PIA). Izon ! hey. divide and rule. A man who was interrogated by the EFCC on Monday (48 hours ago) over allegations he stole public funds as governor of Bayelsa State? Nigeria is an incredible place, a wonderful country. It really is. Na ijaw man go implement the negative bill. This is the common high sense being used all over.
Source: Daily Trust - 🏆 13. / 51 Read more »
Buhari approves steering committee on Petroleum Industry Act | The Guardian Nigeria News - Nigeria and World NewsPresident 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 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 […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »