Tag: PIA

How Nigeria Can Fully Realise Post-Fuel Subsidy Benefits – MEMAN

Ganiyu Amodu

‘Amid Industry Challenges,’ Everything Clement Isong said at a Press Engagement on ‘Refining Basics, Gasoline Pricing And Trade Flows In Nigeria.’   The Major Energies Marketers Association of Nigeria (MEMAN) has reaffirmed that, despite ongoing debates and challenges, the implementation of the Petroleum Industry Act (PIA) remains on track. Platforms Africa reports that MEMAN stressed that these discussions are a normal aspect of the shift toward a deregulated, market-driven energy sector. The group made this known during its Q1 2025 Press Training & Engagement, held in Lagos on Wednesday, March…

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Another Explosion Hits Gas Facility In Rivers

Ganiyu Amodu

Just days after a major explosion rocked the Trans Niger Pipeline in Bodo, Gokana Local Government Area of Rivers State, another blast has been reported at the Soku oil facility in Akuku Toru Local Government Area. The Youths and Environmental Advocacy Centre (YEAC-Nigeria), a grassroots organization active in the Niger Delta region, confirmed the incident on Sunday. In a statement signed by its Executive Director, Dr. Fyneface Dumnamene Fyneface, the group said the explosion occurred early in the morning and was reported by its network of youth volunteers. According to…

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PIA Takes Effect in Upstream Oil Sector Regulation – Sylva, NNPC

Efe Wellington

“If we must continue to be relevant at the global stage, we must, in designing any regulation, put in focus how we can balance the energy base-load for Nigeria.   The Nigerian National Petroleum Company Limited (NNPC Ltd.) started its activities for the week with a move by stakeholders to begin the implementation of the Petroleum Industry Act (PIA) in the upstream sector of the nation’s oil and gas industry. Minister of State for Petroleum Resources, Chief Timipre Sylva said at a 2-day upstream stakeholders’ forum organised by the Nigerian…

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