UNBUNDLING THE PIA: HOST COMMUNITIES DEVELOPMENT

The host community development provisions in the Petroleum Industry Act 2021 (PIA) remain a focal topic of discourse amongst stakeholders in the Nigerian oil and gas industry. The reason for this is not farfetched as prior to the PIA, there were no laws imposing host community development obligations on oil and gas companies. In this Newsletter, we analyse the host communities development provisions under the PIA and discuss the key issues arising therefrom.

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