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The Effect of Multiple Regulatory Regimes on the Nigerian Petroleum Industry

January 2008RegulationEnergy

Abstract

Attention is usually focused on the legal and institutional frameworks for environmental management in Nigeria's oil industry. This area of environmental management is one in which the oil industry is confronted by the reality of multiple regulators. It has been observed that there is an absence of effective collaboration among the three tiers of government in the first instance and between government (at the three levels of the federal arrangement) and the oil industry, in another instance. This paper focuses on how and why the required collaboration should be nurtured and expanded in the context of existing legal, institutional and structural frameworks for environmental management. It offers a critique of these frameworks, weaknesses to be addressed and the gaps to be filled in the interest of the oil and gas industry, the government, stakeholders and the economy of the country.

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Author

Amid Adekunle

Advisor: Regulatory Affairs Management, Chevron, Nigeria

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