Library / B 2103 Federal Republic of Nigeria Official Gazette No. 205
B 2103 Federal Republic of Nigeria Official Gazette No. 205

Page 54 of 82
B  2156
(10)  The Authority shall give notice in writing to the person whose bid or
tender in respect of materials and equipment is accepted and shall by such notice
prescribe the period within which the sale shall be completed.
(11)  Where a person whose bid or tender is accepted does not complete
the sale within the period prescribed by the Authority in its notice referred to in
subregulation (10) of this regulation, the Authority may cancel that sale and
accept the next best acceptable bid or tender.
(12)  The Authority may require a deposit from the person who submits a
bid or tender to guarantee the completion of a sale.
(13)  Where a person whose bid or tender is accepted in accordance with
the provisions of these Regulations fails to complete the sale within the time
prescribed by the Authority, the deposit paid by such person shall be forfeited to
the Federal Government.
(14)  Notwithstanding anything contained in this regulation, where the
Authority considers a confiscated material or equipment unsuitable for sale or
insufficient in value to justify a sale, the Authority may dispose of such material
or equipment in any other manner.
(15)  Where materials or equipment are disposed through any of the methods
prescribed by these Regulations, a disposal certificate shall be endorsed by an
officer of the Authority.
PART XIV — CUSTOMER PROTECTION
122.—(1) An existing licensee shall, not later than 180 days from the
commencement of these Regulations, publish its terms of supply or distribution
including tariffs and prices, other than for negotiated tariffs and prices under
section 122 (4) of the Act.
(2)  A new licensee shall, upon the commencement of petroleum operations,
publish its terms of supply or distribution including tariffs and prices, other than
for negotiated tariffs and prices under section 122 (4) of the Act.
123.—(1)  A licensee shall establish or facilitate the establishment of a
forum at which customers are able to express their views and raise concerns.
(2)  The forum shall be held at least once every calendar year, provided
that the Authority may direct that the licensee holds additional forums during the
year.
(3)  The licensee shall not later than 30 days prior to the commencement
of the forum, notify the Authority of the date, time, mode, venue, agenda and
expected participants of the forum.
(4)  The licensee shall not later than 30 days after the conclusion of the
forum, submit a report to the Authority on the outcome of the forum.
Publication
of terms of
supply or
distribution
Establishment
of customer
forum