RELATIONSHIP BETWEEN CONTRACT PACTS IN THE NIGERIAN OIL INDUSTRY AND HOST COMMUNITIES: A LEGAL APPRAISAL

Dr Masajuwa Florence Ulunma   (Published 2017)

Dr Florence Ulunma
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Abstract

ABSTRACT

This paper examined the various contract pacts existing between Nigeria and international oil companies engaged in the business of oil extraction in the country and the effects of the contract pacts on benefits of the oil industry that should accrue to oil producing communities of Niger Delta.  To this end, the paper argued that argued that the various contract arrangements never had inputs of host communities; instead host communities interest were left to be attended to through tokens of provisions provided under the aegis of corporate social responsibility by the two principal contracting partners- Federal Government and oil companies.  Data was mainly from secondary sources while the analytical method was applied in appraising the data.  Findings showed that in spite of all its shortcomings, the concession agreements had a bit of communities and individual land owners’ inputs unlike the other contract forms.  The conclusion is that the volatility in the oil industry’s operational region will not abate until aspects of the prevailing contract order is reviewed to recognize host communities as indispensable stakeholders whose inputs must be captured in some of the contract arrangements guiding operations in the oil industry.


Item Type: Journal article(non-copyrighted)
Format: PDF document,   4.95 MB
Copyright: Creative Commons LicenseCreative Commons license
Keywords: CONTRACT, NIGERIAN, OIL INDUSTRY, COMMUNITIES
Department: Public and International Law
Field of Study: Law
Uploaded By: Ikhimalo Odufa Patience
Date Added: 16 May 2018 10:18am
Last Modified: 16 May 2018
Journal URL: https://www.edouniversity.edu.ng/oer/journal/relationship_between_contract_pacts_in_the_nigerian_oil_industry_and_host_communities_a_legal_appraisal


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