Library / IN THE FEDERAL HIGH COURT OF NIGERIA [N THE ABUJA JUDICIAL DIVISION HOLDEN AT ABUJA ON MONDAY, THE 5™ DAY OF FEBRUARY, 2024
IN THE FEDERAL HIGH COURT OF NIGERIA [N THE ABUJA JUDICIAL DIVISION HOLDEN AT ABUJA ON MONDAY, THE 5™ DAY OF FEBRUARY, 2024
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(ft) concerning rights of way and pertaining to surface rights; (s) relating to the retail, sale and distribution of petroleum products; (t) conterning dispute resolution and customer protection; (u) sregulating pricing regimes for midstream and downstream petroleum operations; (v) establishing fees payable to the Authority subject to section 3 (1) (i) of this Act; ; (w) concerning competition and anti-competitive behaviour; (x) establishing public and non-public registries in respect of licences, permits and authorisations issued by the Authority, to be maintained by the Authority; and (v) any other matters as may be determined by the Authority under this Act which includes imposition of gas flare penalty arising from midstream operations which shall be for the credit of the Midstream and Downstream Gas Infrastructure Fund, and shall be utilised for midstream and downstream gas infrastructure investment within the Host Community of a designated Facility. S. 47 (2) The source of the Authority Fund shall be — (A) seessessssseceesunssstsestsstessussssitustusassnsiusssseeceeeeseccce (c) 0.5% of the wholesale price or petroleum products sold in Nigeria. which shall be collected from wholesale customers; - JUDGEMENT IN IHS (NIGERIA) LTD, & ANOR. v. THE NIG. MIDSTREAM & DOWNSTREAM PETROLEUM REGULATORY AUTHORITY SUIT NO: FHC/ABI/CS/1480/2023 >
RegulationsPDF20242024-0223