A LOOK AT STAKEHOLDERS’ CONSULTATION AND INPUT IN PETROLEUM REGULATIONS AS THE NUPRC AND THE NMDPRA SEEK TO RELEASE NEW REGULATIONS
The Petroleum Industry Act (PIA), 2021, as a statutory law, creates: powers, functions, rights, obligations, offences and penalties. But, it is the regulations issued pursuant to the Act by the industry regulators that set the modalities which activate those creations of the Act. PIA made significant provisions on the right of stakeholders to be heard…