PETROLEUM INDUSTRY ACT, 2021

Section 202: General duties of petroleum product distributor.

2021Section 202 of 320Federal Republic of Nigeria

In addition to conditions the Authority may impose under section 114 of this Act or that may be prescribed by regulation, a petroleum product distribution licence shall be deemed to be granted subject to the duty of the holder to -
a develop and maintain a safe, efficient, reliable and economical service for the distribution of petroleum products to individual customers and petroleum product retailers;
b carry on its business in a manner that will promote competition and avoid monopoly in the retail supply of petroleum products in Nigeria;
c conduct its licenced activities safely and reliably in compliance with any law in force and prescribed environmental, health and safety regulations issued under this or any other Act;
d publish the prices to be charged and to be paid by a person to whom the distributor sells petroleum products in a manner to ensure adequate publicity unless the Authority prescribes otherwise;
e avoid undue preference or discriminate as between persons or any class of persons in establishing prices; and
f comply with customer protection measures approved by the Authority.

Cite this section

Section 202, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/202/