Petroleum industry

By IndepthAfrica
In Article
Jun 23rd, 2014
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257 Views
By Malte Liewerscheidt Nigeria’s long-awaited Petroleum Industry Bill (PIB) has gained notoriety among international investors, not only for its years of delay but also for its content. The PIB is supposed to address all the problems in Nigeria’s oil and gas sector at once: to establish a new legal f...
By IndepthAfrica
In Article
Mar 31st, 2014
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343 Views
by Safiya Bello It seems that women are held up to different standards in this country. A woman in any position of power is judged not just by her competence or her contributions but by some other less palatable standards. And when she doesn’t conform to these undefined rules, the male critics ...
By IndepthAfrica
In Article
Mar 14th, 2013
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104 Views
By Olusegun Adeniyi Statistics, according to Aaron Levenstein, are like a woman’s bikini bathing suit. While what they reveal is usually suggestive and interesting, what they conceal is even much more vital. That perhaps is the only way to explain the Petroleum Industry Bill (PIB) debate last week in...
By IndepthAfrica
In Article
Jan 10th, 2013
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82 Views
Following the passage of the 2013 Appropriation Bill last December, a public commentator, Mr. Igboka Uwadiegwu, wrote: “Nigeria’s national budget is 5 trillion Naira? Nigeria is not a poor country then, Nigeria is a miserable country. Five trillion Naira would be something like 33 billion USD o...
By IndepthAfrica
In Nigeria
Nov 10th, 2012
1 Comment
90 Views
The Punch The House of Representatives has excoriated the Federal Government for its subtle moves to bury the Mallam Nuhu Ribadu-led Petroleum Special Task Force report. Consequently, it said President Goodluck Jonathan’s government lacked the political will to fight corruption, especially in the oil...
By IndepthAfrica
In Nigeria
Nov 1st, 2012
1 Comment
140 Views
by Danjuma Azemobo Musa  Nigeria’s ever boisterous grapevine would never lack in interesting stories. However, the popular maxim “there is no smoke without fire” however readily comes to mind when one digests any information so received. The newest story around town is the leaked Nuhu Ribadu PETROLEU...
By IndepthAfrica
In Article
Oct 23rd, 2012
0 Comments
36 Views
By William Wallis, Leadership (Abuja) The world is in the midst of a sustained oil boom. Yet Africa’s leading producer is haemorrhaging the proceeds. The Nigerian treasury, which should be raking in record revenues, has been squeezed at both ends of the oil trade – upstream, by one of the...
By IndepthAfrica
In Article
Sep 5th, 2012
0 Comments
41 Views
by Mrs Ngozi Okonjo Iwealla Contrary to the impression given by some marketers and their agents, the Federal Government has continued to pay marketers whose claims have been duly verified. This is in line with its commitment to encourage honest and professional private sector operators in the subsidy...
By IndepthAfrica
In Article
Jul 26th, 2012
0 Comments
59 Views
Uche Igwe I was invited to a roundtable on the Nigerian Petroleum Industry Bill organised by the Africa Studies Department of the Johns Hopkins University in Washington DC on the 3 November 2010. During the panel discussion, I alerted the audience that what the Nigerian government intended to do (at ...
By IndepthAfrica
In News
May 29th, 2012
3 Comments
33 Views
Nigeria’s long-awaited oil law, when it finally comes, looks likely to be a botched job that gives favourable tax terms to foreign oil firms while doing little to satisfy calls fo transparency and reform of a corrupt and wasteful sector. A new draft of the long-awaited Petroleum Industry Bill (PIB) i...