OIL MINERAL PRODUCING AREAS DEVELOPMENT COMMISSION ACT

Section 14: Expenditure of the Commission.

1998Section 14 of 25Federal Republic of Nigeria

(1) The Commission shall apply the proceeds of the fund established pursuant to section 13 of this Act to:
(a) the cost of administration of the Commission;
(b) the payment of salaries, fees, remuneration, allowances, pensions and gratuities payable to the Board members and the employees of the Commission;
(c) the payment for all contracts including mobilisation, fluctuations, variations, legal fees and cost on contract administration;
(d) the payment for all purchases; and
(e) undertaking such other activities as are connected with all or any of the functions of the Commission under this Act.

Cite this section

Section 14, OIL MINERAL PRODUCING AREAS DEVELOPMENT COMMISSION ACT (1998).

https://repo.podus.ai/laws/oil-mineral-producing-areas-development-commission-act/section/14/