Library / B 889 Federal Republic of Nigeria Official Gazette No. 189
B 889 Federal Republic of Nigeria Official Gazette No. 189

Page 5 of 29
B 893
S. I. No. 41 of 2024
Commence-
ment
PETROLEUM INDUSTRY ACT, NO. 6, 2021
MIDSTREAM PETROLEUM (HOST COMMUNITIES
DEVELOPMENT TRUST) REGULATIONS, 2024
[30th Day of October, 2024]
In exercise of the powers conferred on it by sections 33, 234(2) and 235(6)(a) of the
Petroleum Industry Act, No. 6, 2021 (“the Act”) and all other powers enabling it in
that behalf, the Nigerian Midstream and Downstream Petroleum Regulatory
Authority (“Authority”) makes the following Regulations —
PART I —OBJECTIVES AND APPLICATION
1.—(1)  The objectives of these Regulations are to —
(a)  provide substantive and procedural requirements and general rules
for the establishment and administration of the Trust and the Fund for
Nigerian midstream petroleum host communities;
(b)  outline the parameters for the administration and safeguard of the
Fund; and
(c)  prescribe a grievance resolution mechanism for settlement of disputes
between host communities and licensees.
2.  These Regulations shall apply to Nigerian midstream petroleum host
communities and a holder of a licence engaged in midstream petroleum
operations as prescribed in section 318 of the Act.
PART II — ROLE OF THE AUTHORITY AND LICENSEES IN RELATION
TO MIDSTREAM HOST COMMUNITIES’ DEVELOPMENT TRUST
3.  The Authority shall —
(a)  ensure that a licensee fulfills its obligations in relation to Host
Communities Development Trust in accordance with the provisions of the
Act and these Regulations ; and
(b)  have supervisory and oversight role for ensuring that the projects
proposed by the Board of Trustees are implemented.
4.—(1)  A Licensee shall ensure that the Board of Trustees complies
with the provisions of the Act and these Regulations.
(2)  Where a licence is held by more than one licensee under a joint
operating agreement or other agreement, the licensee who is appointed as the
operator under the joint operating agreement or other agreement, shall, on
behalf of the licensees, ensure that the Board of Trustees complies with the
provisions of the Act and these Regulations.
Objectives
Application
Supervisory
and
oversight
role of the
Authority
Responsibility
of the
licensee to
ensure
compliance