Nigeria - 2004 - Energy

Petroleum Act

Ministry of Energy and Natural Resources, Nigeria

This Act provides for the exploration of petroleum in the territorial waters and the continental shelf of Nigeria and to vest the ownership of all on-shore and off-shore revenue derivable from petroleum resources to the Federal government.

Process Flow

National Assembly ⬤

Office of the President ⬤

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Petroleum Act Current Version

January 2022

This Act provides for the exploration of petroleum in the territorial waters and the continental shelf of Nigeria and to vest the ownership of all on-shore and off-shore revenue derivable from petroleum resources to the Federal government.

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