By Sylvia Akpan The Chairman of the Senate Committee on Petroleum Resources (Upstream), Senator Eteng Jonah Williams, has called for the effective implementation of the Petroleum Industry Act (PIA) 2021 to attract investment, increase oil and gas production and ensure that host communities benefit from Nigeria’s petroleum resources. Williams made the call on Wednesday, October
By Peter Uzoho, This Day Newspaper Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has reassured that the advent of the Petroleum Industry Act (PIA) 2021 has completely nullified discretionary award of oil blocks to companies and individuals in the Nigerian oil and gas industry. Komolafe made the reassurance
TOPIC: Is the PIA serving the development needs of oil-bearing communities? The Host Community Development Trust (HCDT) is to be established to specifically address the developmental needs of the oil-bearing communities. Do you think the provisions in the PIA can guarantee this? Based on experiences from the past of abandoned projects, siphoning off funds, and