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B 126 The Advisory Council 4.—(1) The Centre shall have an Advisory Council comprised of a Chairman, a Vice-Chairman, and other members, who are highly qualified and experienced at local and international levels in petroleum operations, law, petroleum economics, business administration, financial services, ADR methods, and other relevant fields. (2) The Advisory Council shall consist of not more than nine members. (3) The Advisory Council shall comprise of — (a) the Authority Chief Executive who shall be the Chairman ; (b) a retired judge, not below the rank of a Federal High Court judge, who shall be the Vice-Chairman ; (c) one Executive Director of the Authority ; (d) the Secretary and Legal Adviser of the Authority ; (e) one representative of the Nigerian Bar Association ; (f ) three independent members from midstream and downstream petroleum industry ; and (g) the Centre Coordinator who shall be the Secretary to the Advisory Council. (4) Members of the Advisory Council shall be appointed by the Authority Chief Executive. (5) Where the post of Chairman falls vacant for any reason, the Vice- Chairman will act as the Chairman until a new Chairman is appointed. (6) The Vice Chairman of the Advisory Council will exercise the powers vested in the Chairman pursuant to the provisions of this regulation in case of his absence or inability to perform his duties for any reason whatsoever. (7) Where the post of a member of the Advisory Council falls vacant for any reason, the Advisory Council will continue to perform its duties, provided that the number of the remaining members, including the Chairman and Vice Chairman, is not less than two-thirds of the original number of members. (8) A member of the Advisory Council shall not serve as an arbitrator, mediator, conciliator or expert in any dispute brought before the Centre. Tenure of membership of the Advisory Council 5.—(1) The members from the Authority shall serve for the duration of their appointments. (2) The Vice-Chairman, representative of the Nigerian Bar Association and members from midstream and downstream petroleum industry shall serve for a non-renewable term of two years from the date of their appointment.
RegulationsPDF20232023-0310