The Ibeno Local Government Council of Akwa Ibom State has called for greater transparency and inclusiveness in the implementation of the Petroleum Industry Act (PIA).
Competition Replaces Patronage: Conducted under the Petroleum Industry Act (PIA) 2021, Nigeria's 2025 Licensing Round prioritised transparency, technical competence, financial capability and competitive bidding over political influence and discretionary allocations.
Strict Selection Process Boosts Credibility: Of nearly 300...
September 17, (THEWILL) – The Bayelsa State Government says it will engage host communities to ensure the effective implementation of the Host Community Development Trust.
The State Commissioner for Environment, Mr. Ebi Ololo, stated this in Yenagoa, the state...
June 20, (THEWILL) - Bayelsa State Governor, Senator Douye Diri, has advocated a review of the Petroleum Industry Act (PIA) to address the flaws in the legislation.
Governor Diri also said the review would go a long way in...
October 21, (THEWILL) - As part of the ongoing reforms, aimed at repositioning it to effectively compete globally, the Nigerian National Petroleum Company Ltd (NNPCL), has appointed five Executive Vice-Presidents.
The appointments are also part of efforts to consolidate its...
The Nigerian National Petroleum Company Limited (NNPCL) has agreed to waive its retail profit margin on petrol for the next 30 days as the Federal Government unveils a raft of measures to cushion Nigerians from the impact of surging global crude oil and petrol prices.