Legal Frameworks of the Nigerian Oil and Gas Sector By Adeagbo

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Jurisprudence & general issues

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Wordery

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Lap lambert academic publishin

Legal Frameworks of the Nigerian Oil and Gas Sector : LAP Lambert Academic Publishing : 9786202553544 : 6202553545 : 05 May 2020 : This work has shown that the Nigerian oil industry constitutes the 'life wire' of the Nigerian economy and its legal regime is as old as the discovery of oil itself in Nigeria. The sector has developed progressively from the regime of British imposed promulgations into the locally enacted laws and regulations. We have the Petroleum Act and its subsidiary regulations, the NNPC Act, the Associated Gas Re-injection Act, the Land Use Act and even the Constitution of the Federal Republic of Nigeria - the grundnorm.Nevertheless the existence of these laws and regulations, they are very much unable to battle with the ever-recurring challenges ravaging the crude oil sector. It is expected that if crucial steps are taken at amending some of the existing laws to suit the reality of the time coupled with appropriate implementation and enforcement mechanism, the Nigeri

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