A CRITIQUE OF THE HOST COMMUNITIES’ DEVELOPMENT TRUST FUND STRUCTURE UNDER THE PETROLEUM INDUSTRY ACT, 2021
For well over 50 years, the Petroleum Act, 1969 principally regulated the Nigerian upstream petroleum industry even though it never made any specific provisions for the development of the host communities. All that existed were just some random provisions that required that some Nigerians should be employed in certain managerial cadres in the industry. It never had any provision that specifically ...