Nigeria - 1979 - Trade, Industry and Investment

Acquisition of Assets (British Petroleum Company Limited) Act

Ministry of Industry, Trade and Investment, Nigeria

This Act makes provision for the transfer of all share held by the British Petroleum Company Limited in BP Nigeria Ltd and all interests pertaining thereto in the Shell BP petroleum development company to the Nigerian National Petroleum Corporation; and the payment of compensation for such shares following laid down formulae.

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Acquisition of Assets (British Petroleum Company Limited) Act Current Version

January 2022

This Act makes provision for the transfer of all share held by the British Petroleum Company Limited in BP Nigeria Ltd and all interests pertaining thereto in the Shell BP petroleum development company to the Nigerian National Petroleum Corporation; and the payment of compensation for such shares following laid down formulae.

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