Valuechain - Nigeria's foremost Online Energy News Platform

By Teddy Nwanunobi President Muhammadu Buhari has commended members of the National Assembly and stakeholders of the nation's oil and gas industry for "making the Petroleum Industry Bill (PIB) "Act a reality". Buhari, on Monday,…
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By Teddy Nwanunobi Reactions have trailed President Muhammadu Buhari’s signing of the Petroleum Industry Bill (PIB) 2021 into law on Monday. Valuechain reports that the Bill was signed into law by the President 32 days, after the…
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Former Deputy Senate President and Plateau Central Senator, Ibrahim Mantu is Dead. He died early Tuesday morning. Senator Ibrahim Nasiru Mantu was born in Chanso village, Gindiri District, Mangu Local Government Area of Plateau…
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The Federal Government may soon end the fuel subsidy regime with the signing of the Petroleum Industry Bill by the President, Major General Muhammadu Buhari (retd.), on Monday. The PUNCH gathered on Monday that the government’s…
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The ninth Senate has commended President Muhammadu Buhari for giving his presidential assent to the PIB for an Act to Provide Legal, Governance, Regulatory and Fiscal Framework for the Nigerian Petroleum Industry, the Development of…
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…Govt To Reduce Shock Of Fuel Subsidy Removal On Nigerians The Group Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that the three per cent host communities funds provided by the new…
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The Organisation of Petroleum Exporting Countries, OPEC, Monday, said that Nigeria stands a chance to increase its crude oil reserves to 40 billion barrels, from 37 billion barrels as President Muhammadu Buhari signs the nation’s…
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...Hails Buhari for signing bill into law Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has said that Nigeria’s oil and gas industry will now receive a boost and facilitate investments and transparency with the…
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A fresh disagreement is brewing over the decision of the Federal Government to re-introduce a 7.5 Value Added Tax (VAT) on imported Liquefied Natural Gas(LPG), popularly known as cooking gas. The Department of Petroleum Resources…
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*Says law coincides with Nigeria’s 50th anniversary as OPEC member By Teddy Nwanunobi The Organisation of Petroleum Exporting Countries (OPEC), on Monday, congratulated President Muhammadu Buhari for inaugurating a new era for…
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