The Federal Government has proposed an extension of the plan to remove petrol subsidy by eighteen months. During the period, the government plans to send a proposal to the National Assembly for an amendment of the Petroleum Industry Act. The Minister of State for Petroleum Resources, Timipre Sylva, made the announcement during a media briefing at the…
Niger Delta-born environmental rights activist, Annkio Briggs, has joined the list of those who are not happy with the signing of the Petroleum Industry Act. Like other critics, Annkio Briggs faulted the allocation of three percent budget for oil production to host communities under the Petroleum Industry Act. Briggs, who shared her views in an interview programme…
has kicked off implementation of the Petroleum Industry Act, with the setting of a steering committee for the assignment. The Committee is headed by the Minister of State for Petroleum Resources, Timipre Sylva, and it is expected to complete its assignment in twelve months. Other members of the steering committee include the Permanent Secretary in the, Ministry…