Petroleum Host Community Development Bill, 2016: Key Findings

Definition of Host Community: The Petroleum Host Community Development Bill (PHCDB), 2016, expands the definition of the term, host community. It accommodates communities across the country either directly involved or affected by petroleum production operations. It is instructive to note that communities directly involved or affected by petroleum production operations do not experience the same levels of…

Petroleum Host Community Development Bill

Sponsored by Honourable Victor O. Nwokolo, the Petroleum Host Community Development Bill seeks to monitor and regulate the programs and practices of communities that are included in petroleum production. The major objective for the bill is to provide a particular structure that guides the companies and people involved in the petroleum production and the conduct their…

Petroleum Minister’s Powers Reviewed Under New Petroleum Bill

The powers the Petroleum Industry Bill (PIB) conferred on the Minister of Petroleum Resources generated a lot of controversy under the last democratic dispensation. FG has extracted provisions of the Petroleum Industry Bill that deal with institutions, industry regulations and governance, and synthesized them into a separate bill known as the Petroleum Industry Governance and…