The much hyped PetroleumIndustry Governance Bill, which was passed into law mid May 2017, is already generating heated debate amongst stakeholders.Many argue that the law as passed, leaves nothing to cheer about. ThePetroleumIndustryBill is expected to repeal upto 17 Acts and provide a new framework for natural resource governance especially in thepetroleumindustry. The bill proposes the creation of the Nigeria Upstream Regulatory Commission (The Commission) which will act as the... - The ongoing debate surroundingthePetroleumIndustryBill is still very much a trending topic.Delta state governor, Senator Ifeanyi Okowa, on Monday, March 1 said Nigeria's oil industry had lost substantial investments due to delay in the passage of thePetroleumIndustryBill (PIB). The enactment of thePetroleumIndustry Act (PIA) 2021 represents a landmark development in Nigeria’s oil and gas industry following a prolonged period of legislative stagnation. As a comprehensive reform initiative, the PIA seeks to enhance. The Forum commends the National Assembly for the progress made in the passage of the PIBThe recent controversysurroundingthePetroleumIndustryBill also emboldened the southern governors to make even more demands of the imminent PIB. Downstream: Refining and Marketing - Oil and Gas Industry. Who owns thepetroleum resources in Niger Delta - the people or the government. I am still scooping for the replacement to Section 1 of thePetroleum Act 1969. What will be the status of NNPC - in theory and practice. Would it be a version of pre-1977 NNPC Act?