17 Years Later, Nigerian Senate Passes Petroleum Industry Bill
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- Published: Friday, 26 May 2017 10:11
- Sourced by SolutionsTeam
The Senate, yesterday, in a historic move, passed the Petroleum Industry Bill, PIB, almost 17 years after the process started. With the passage of the bill, which is tagged, Petroleum Industry Governance Bill, PIGB, a new regulatory agency, known as Nigeria Petroleum Regulatory Commission, NPRC, would take over the functions of Petroleum Inspectorate, PI, the Department of Petroleum Resources , DPR, and the Petroleum Products Pricing Regulatory Agency, PPPRA.
The new managing director of NEPZA, Emmanuel Jime disclosed this in Calabar yesterday during a courtesy visit to Cross River State governor, Senator Ben Ayade. The Federal Government has given directives to the Nigeria Export Processing Zone Authority (NEPZA) to make Calabar Free Trade Zone a pilot industrial city in the country. The new managing director of NEPZA, Emmanuel Jime disclosed this in Calabar yesterday during a courtesy visit to Cross River State governor, Senator Ben Ayade.
From a very young age, Obianuju “Uju” Anene has always had the ambition of being an accomplished engineer, not afraid or shy to take on the challenges that came with it. “One of the reasons I chose engineering was that when we were young, my mom made a rule for us to only choose careers in the science fields. My mother had obtained a bachelor’s degree in business administration and from her personal experience, she felt that her counterparts who had studied the sciences had a greater advantage in terms of having more opportunities than she did. They were seemingly much more smarter and had an endless pool of opportunities open to them.”
Transnational Corporation of Nigeria Plc says its goal is to be the biggest provider of power in Nigeria. Tony Elumelu, chairman of the company, said this on Tuesday while commenting on the appointment of Adim Jibunoh as the new president of Trancorp. In a statement by Napoleon Esemudje, the company’s director of resources, Elumelu said Transcorp has a very special mission in Nigeria. “We want to be the biggest provider of power to the Nigerian economy,” he said. “We want to put light in homes, schools and hospitals.
