Library / MIDSTREAM AND DOWNSTREAM PETROLEUM CODE OF CONDUCT REGULATIONS, 2023
MIDSTREAM AND DOWNSTREAM PETROLEUM CODE OF CONDUCT REGULATIONS, 2023
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FIRST SCHEDULE Regulation 8 FRAMEWORK FOR STAFF RELEASE IN THE NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM INDUSTRY 1 Preamble 1.1 This Framework is made pursuant to the provisions of the Midstream and Downstream Petroleum Code of Conduct Regulations 2023 which are made pursuant to sections 32 and 33 of the Petroleum Industry Act No 6 2021. 1.2 The purpose of this Framework is to establish the procedure for the release of staff by a licensee or any person registered to provide any services in relation thereto. 2. Application This Framework shall apply to the release of senior staff of licence and permit holders undertaking midstream and downstream petroleum operations in Nigeria. 3. What Constitutes Staff Release 3.1 Staff Release means the removal of an Employee in a manner that permanently separates the said Employee from the Employer. Instances of staff release shall include the following: i. Dismissal ii. Retirement iii. Termination iv. Redundancy v. Resignation vi. Death vii. Abandonment of Duty Post. 4.0 Procedure for Staff Release 4.1 Any Employer who wishes to release a Employee shall apply in writing to the Authority for approval stating the manner of staff release, the reasons for the proposed release, the compensation due to the Employee, and any proposed replacement for the Employee. The application shall contain a copy of any document relevant to the Employee’s employment including the Employer’s conditions of service as defined under the Framework. 4.2 Where the Employer fails to submit any required information to the Authority, such application for staff release shall not be considered eligible for the Authority’s approval. 4.3 An Employer shall only be required to notify the Authority where the Employee’s release occurs by way of:
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