An appraisal of the legal framework for the privatization and reform programme for the energy sector in nigeria

• Title page — — — — — — —Declaration — — — — — — —Certification — — — — — — —Dedication — — — — — — —Acknowledgement — — — — — — —Table of Statutes — — — — — — —Abstract — — — — — — —Table of Content — — — — — — —

Chapter ONE

INTRODUCTION

• GENERAL INTRODUCTION
• 1.1Introduction — — — — — — — 1
• 1.2Statement of the problem — — — — — — 11
• 1.3Aims and objectives of the study — — — — — 12
• 1.4Methodology — — — — — — — 14
• 1.5Scope and limitations of the study — — — — — 14
• 1.6Literature Review — — — — — — — 15

Chapter TWO

LITERATURE REVIEW

• 2.1Overview of the Petroleum industry in Nigeria — — — 23
• 2.2Past and Present Legislations Governing the Petroleum Industry– 24
• 2.3Legal Framework Governing Contractual Relationship/ Arrangement in the upstream sector (exploration and production of petroleum in a contract area)– — — — 27
• 2.4Key Terminologies used in production Sharing Contracts (PSCS) — — — — — — — 33
• 2.5Rights held by parties of oil concession — — — — 35
• 2.6Features of Joint Venture Arrangements — — — 39

Chapter THREE

RESEARCH METHODOLOGY

• 3.1Legal Framework for Power Sector Reform in Nigeria — 43
• 3.2Evolution of new legal framework for power sector– — 44
• 3.3Legal Framework Established Pursuant to The Electric Power Sector Reform Act No 6 2005 — — 46
• 3.4Review of key Provisions of the Electric Power Sector Reform (EPSR) Act No. 6, 2005 — — — 47
• 3.5Objects, Powers and Functions of NERC — — — 47
• 3.6Key Operational Documents — — — — — 50
• 3.7Electricity License — — — — — — 52
• 3.8Fiscal Incentives for Electricity Generation Companies Utilizing Gas Fuel . — — — — — 53
• 3.9Key Achievements/Milestone Recorded in the reform of the electricity power sector —- — — — — 55
• 3.10Appraisal of Challenges of the Reform of the Electricity Power Sector — — — — — — 58

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

• CURRENT EFFORT AT PRIVATIZING THE ELECTRIC POWER SECTOR INDUSTRY
• 4.1Introduction — — — — — — — 61
• 4.2Legal Framework for Privatization of Public Utilities — 66
• 4.3Other Relevant Laws Regulating the Privatization Programme — — — — — — — 72
• 4.4Highlight of the Road Map for the Power Sector — — 75
• 4.5Appraisal of the Legal Framework for the Privatization Programme — — — — — — — 80
• 4.6The Role of the Legislature in the Privatization Programmes — — — — — — 84

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

• 5.1APPRAISAL OF THE IMPLEMENTATION OF OIL AND INDUSTRY REFORM AND INSTITUTIONAL RESTRUCTURING IN NIGERIA
• 5.2Introduction — — — — — — 89
• 5.3A Synopsis of the Ogic Report — — — — — 91
• 5.4National Petroleum Directorate (NPD) — — — 93
• 5.5Nigerian Petroleum Inspectorate (NPI) — — — 95
• 5.6Petroleum Products/Regulatory Authority (PPRA) — — 96
• 5.7Nigerian National Petroleum Corporation (NNPC Ltd) — 97
• 5.8National Petroleum Assets Management Agency (NAPAMA) 99
• 5.9National Petroleum Research Centre (NPRC) — — 100
• 5.10Key Proposal Introduced by the Petroleum Industry Bill– 102 CHAPTER SIX SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATIONS
• 6.1Findings — — — — — — 104
• 6.2Conclusion — — — — — — 105
• 6.3Recommendations — — — — — — 107 Bibliography — — — — — — 114