Section 38: Programme for research and development.

(1) The operator shall submit to the Board and update, every six months, the operator's Research and Development Plan (R and D plan).
(2) Submission and content of R and D plan.
The R and D Plan shall-
(a) outline a revolving three to five year plan for oil and gas related research and development initiatives to be undertaken in Nigeria, together with a breakdown of the expected expenditures that will be made in implementing the R and D Plan ; and
(b) provide for public calls for proposals for research and development initiatives associated with the operator's activities.