THE REASSESSMENT OF THE LEGAL INCIDENCE OF POWERS, RIGHTS AND RESTRICTIONS OF HOLDERS OF LICENCES/LEASES IN THE PETROLEUM SECTOR IN NIGERIA

Ezeokoye Johnson Chiemerie 16 PAGES (6179 WORDS) Seminar
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There exists rights, powers and restrictions on the holders of the petroleum licences in the Nigerian Petroleum Industry, but these rights and powers are whittled down by the provisions of the Petroleum Act and other relevant legislations. The constitution vests the ownership of mineral resources to the Federal Government and by the Land Use Act, all lands are vested in the State Government.

The rights and powers of the holders of the licences/leases can be revoked but must be done in accordance with the provisions of the Petroleum Act. Any contravention would occasion damages in breach of contract.

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APA

Ezeokoye, J (2019). THE REASSESSMENT OF THE LEGAL INCIDENCE OF POWERS, RIGHTS AND RESTRICTIONS OF HOLDERS OF LICENCES/LEASES IN THE PETROLEUM SECTOR IN NIGERIA. Afribary.com: Retrieved November 15, 2019, from https://afribary.com/works/the-reassessment-of-the-legal-incidence-of-powers-rights-and-restrictions-of-holders-of-licences-leases-in-the-petroleum-sector-in-nigeria-by-johnson-c-ezeokoye-esq-sept-2019

MLA 8th

Johnson Chiemerie, Ezeokoye. "THE REASSESSMENT OF THE LEGAL INCIDENCE OF POWERS, RIGHTS AND RESTRICTIONS OF HOLDERS OF LICENCES/LEASES IN THE PETROLEUM SECTOR IN NIGERIA" Afribary.com. Afribary.com, 08 Sep. 2019, https://afribary.com/works/the-reassessment-of-the-legal-incidence-of-powers-rights-and-restrictions-of-holders-of-licences-leases-in-the-petroleum-sector-in-nigeria-by-johnson-c-ezeokoye-esq-sept-2019 . Accessed 15 Nov. 2019.

MLA7

Johnson Chiemerie, Ezeokoye. "THE REASSESSMENT OF THE LEGAL INCIDENCE OF POWERS, RIGHTS AND RESTRICTIONS OF HOLDERS OF LICENCES/LEASES IN THE PETROLEUM SECTOR IN NIGERIA". Afribary.com, Afribary.com, 08 Sep. 2019. Web. 15 Nov. 2019. < https://afribary.com/works/the-reassessment-of-the-legal-incidence-of-powers-rights-and-restrictions-of-holders-of-licences-leases-in-the-petroleum-sector-in-nigeria-by-johnson-c-ezeokoye-esq-sept-2019 >.

Chicago

Johnson Chiemerie, Ezeokoye. "THE REASSESSMENT OF THE LEGAL INCIDENCE OF POWERS, RIGHTS AND RESTRICTIONS OF HOLDERS OF LICENCES/LEASES IN THE PETROLEUM SECTOR IN NIGERIA" Afribary.com (2019). Accessed November 15, 2019. https://afribary.com/works/the-reassessment-of-the-legal-incidence-of-powers-rights-and-restrictions-of-holders-of-licences-leases-in-the-petroleum-sector-in-nigeria-by-johnson-c-ezeokoye-esq-sept-2019