PETROLEUM INDUSTRY ACT, 2021

Section 252: Host communities development.

2021Section 252 of 320Federal Republic of Nigeria

The host communities development plan shall be based on the matrix provided for in section 245 and such single plan shall —
a specify the community development initiatives required to respond to the findings and strategy identified in the host communities needs assessment;
b determine and specify the projects to implement the specified initiatives;
c provide a detailed timeline for projects;
d determine and prepare the budget of the host communities development plan;
e set out the reasons and objectives of each project as supported by the host communities needs assessment;
f conform with the Nigerian content requirements provided in the Nigerian Oil and Gas Industry Content Development Act; and [Act No 2, 2010]
g provide for ongoing review and reporting to the Commission.

Cite this section

Section 252, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/252/