NATIONAL PETROLEUM AUTHORITY ACT, 2005 (ACT 691)


Introductory Text

  • Section 1 — National Petroleum Authority
  • Section 2 — Object and functions of the Authority
  • Section 3 — Governing body of the Authority
  • Section 4 — Independence of the Authority
  • Section 5 — Tenure of office of members
  • Section 6 — Meeting of the Board
  • Section 7 — Disclosure of interest
  • Section 8 — Allowances
  • Section 9 — Appointment of Committee
  • Section 10 — Establishment of Committees of the Board
  • Section 11 — Requirement for license
  • Section 12 — Qualification for license
  • Section 13 — Application for license
  • Section 14 — Conditions of license
  • Section 15 — Issue and renewal of license
  • Section 16 — Display of license
  • Section 17 — Non transferability of license
  • Section 18 — Revocation, suspension and refusal to renew license
  • Section 19 — Notice of revocation, suspension or refusal to issue or renew license
  • Section 20 — Register
  • Section 21 — Removal of names from register
  • Section 22 — Publication of licenses
  • Section 23 — Application
  • Section 24 — Refinery license
  • Section 25 — Storage depots for petroleum products
  • Section 26 — Operation of storage depots for petroleum products
  • Section 27 — Conditions for license as operator of storage depots for petroleum products
  • Section 28 — Bulk transportation of petroleum products
  • Section 29 — Petroleum products marketing license
  • Section 30 — Construction of petroleum depots
  • Section 31 — Display of prices on dispensing units
  • Section 32 — Prohibition to sell petroleum products
  • Section 33 — Monitoring of stock of petroleum products at strategic storage depots
  • Section 34 — Relationship of Authority with other institutions and petroleum service providers
  • Section 35 — Refinery and manufacturing processes
  • Section 36 — Duty to set specification of fuel products
  • Section 37 — Submission of reports to Board
  • Section 38 — Disclosure of information by Board and submission of reports
  • Section 39 — Duties of petroleum service providers
  • Section 40 — Promotion of fair trade practices
  • Section 41 — Promotion of new entrants
  • Section 42 — Incentives for free zone developers and enterprises
  • Section 43 — Formation of cartels and monopolies
  • Section 44 — Cartelization
  • Section 45 — Promotion of retail competition
  • Section 46 — Right of complaint
  • Section 47 — Settlement of disputes
  • Section 48 — Appointment and responsibility of Chief Executive
  • Section 49 — Appointment of other staff
  • Section 50 — Funds of the Authority
  • Section 51 — Expenses of the Authority
  • Section 52 — Account and audit
  • Section 53 — Annual report and other reports
  • Section 54 — Borrowing powers
  • Section 55 — Procedures for dealing with complaints from consumers
  • Section 56 — Inspectorate
  • Section 57 — Gazette notices
  • Section 58 — Misapplication of prescribed petroleum pricing formula
  • Section 59 — False statements and withholding material information
  • Section 60 — Obstruction or interference with officers and employees of the Authority
  • Section 61 — Other offences
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