has learnt.
The FAAC consists of the Minister of Finance as chairman, all state commissioners of Finance, state accountants-general, Accountant-General of the Federation and the Permanent Secretary in the Federal Ministry of Finance, who is the secretary.There was a report on Wednesday that before the President signed the PIB, state governors had on August 10 written to ask him to withhold his assent.
“State commissioners will raise the misgiving the states have about the law at the FAAC meeting and take a common position.” He stated, “I am still trying to get to the crux of the Act so that I can review it; it is after I review it that I can make a statement. We are having the FAAC meeting tomorrow ; we will get the law and review it and then get back to you.
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:
What were their actions before the Buhari signed it.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Petroleum Industry Act: Experts Fault FG’s 12-month Implementation PlanExperts and stakeholders in the oil and gas industry have reacted differently to the time frame of twelve months given to the Petroleum Industry Act (PIA)
Source: LeadershipNGA - 🏆 4. / 77 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 »
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 »
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 »