Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 55 of 101
Page | 55 (2) A company shall have stakeholder forums, at least once a year, where stakeholders and customers are encouraged to express their concerns on the operations of the company. 96. A company shall submit to the Authority, an annual report on matters connected with this Chapter of these Regulations Submission of annual reports CHAPTER 9 REGISTRATION AND PUBLICATION OF LICENCES, PERMITS AND AUTHORISATIONS 97. (1) In accordance with the Act, the Authority shall establish and maintain – (a) a register for licences, permits and authorisations issued, revoked, suspended, surrendered, or withdrawn and any modification or exemption or any other matter affecting the status of or any interest in a licence, permit or authorisation granted in the Nigerian midstream and downstream petroleum industry. (b) a register of any extension, transfer, surrender, revocation, exemption, relinquishment, change of address, change of name or any other matter affecting the status of or any interest in a licence, permit or authorisation granted; (c) a register in which particulars of any interest or shares transferred or assigned are recorded by the Authority and the register shall be updated in relation to any change in the status of such interest or shares transferred or assigned; and (d) any other register as the Authority may deem necessary for the implementation of the Act. (2) The registers shall be under the supervision of the Legal Adviser of the Authority. (3) The Authority shall, not later than 90 days from the commencement of these Regulations, establish a portal on its website for the publication of the registers. Authority to establish and maintain registers 98. The Secretary and Legal Adviser of the Authority shall be responsible for – (a) the establishment, maintenance and publication of the registers; (b) modifications, or corrections in any register; and (c) deletion from any register. Duties of the Secretary and Legal Adviser of the Authority
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