PETROLEUM INDUSTRY ACT, 2021

Section 203: Grant of a licence to construct and operate a facility for retail supply and distribution of petroleum products.

2021Section 203 of 320Federal Republic of Nigeria

1 Subject to sections 111 and 174 of this Act, the Authority may upon approval of an
application and payment of prescribed fees, grant and issue a qualified person a petroleum product retail licence authorising the holder to establish, construct and operate a facility to be employed for retail sale of petroleum products.

2 The Authority shall issue guidelines in respect of the process for the establishment, construction and operation of facilities to be employed by petroleum product retailers for retail sale of petroleum products.

Cite this section

Section 203, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/203/