ABSTRACT
Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of... more ABSTRACT Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of its oil resources with little regard for the full exploitation and utilization of its gas resources. Nigeria holds an estimated 190 trillion Cubic feet (Tcf) of proven natural gas reserves comprising associated gas and non-associated gas, making her the 9th largest gas reserve holder in the world and the largest in Africa. The road for reforms in the Nigerian oil and gas industry began with the inauguration of the oil and gas implementation committee in the year 2000 under the Olusegun regime which brought out a draft petroleum industry bill which later was changed into various versions before being passed on May 25, 2017. As the petroleum industry governance bill with the creation of a new regulatory NPRC (Nigerian Petroleum Regulatory Agency), which will take over the petroleum inspectorate, the department of petroleum resources, the petroleum products pricing Regulatory Agency. Also, two new companies were created under the bill, which includes; Nigerian Petroleum Assets Management Company and the Nigerian Petroleum Company, where the assets and liabilities of the Nigerian National Petroleum Corporation will be shared by these companies and the National Petroleum Company will operate as a fully independent commercial entity. Before this development, the gas industry in Nigeria lacked proper policies, structure, a regulatory and institutional framework to implement policies. This led to the creation of the Nigerian Gas Master Plan which was a blueprint to ensure a wholly competitive, market-driven domestic gas sector by increasing the supply of gas into the domestic market. This plan led to the National Domestic Gas Supply and Pricing policy coming into place, which brought with it the Domestic supply Obligations (DSO) supported by the Domestic Supply Obligation Regulations, given to various oil producers to close supply gaps in the domestic gas market and institutions such as the Nigerian Gas Company, Gas Aggregation Company of Nigeria were created as major agents to ensure the commercialisation of gas in Nigeria’s domestic market. The National Domestic Gas Supply and Pricing Policy were backed up by the National Domestic Gas Supply and pricing regulation. All these policies, regulations, and more have helped in the building up of the gas industry in Nigeria. Also structurally with the aid of the gas network codes, Nigeria will be able to have a detailed outline of its present pipeline system structures all over the country and the workability of the systems available. Though we as a nation can boost the West African Gas Pipeline, which is a trans-boundary pipeline system for the exportation of gas to West African countries. Also, there is the Escracvos Lagos Pipeline Systems (ELPS) which transport gas to various power plants within Nigeria. The National Petroleum Investment Management Services (NAPIMS) has assisted in the enhancement of the gas industry and the power sector through its joint venture with various international oil companies for the exploitation of gas and through the DSO scheme supplies gas to various IPPs in Nigeria thereby curbing the current power crisis gradually.
Since the advent of globalization coupled with the intensified wants and needs brought by industr... more Since the advent of globalization coupled with the intensified wants and needs brought by industrialization man’s greed for power and wealth has always been on the rise with nations and world power going on head to head to discover new and better energy sources to feed their growing desire for control and dominance in the world stage. History itself has told its own stories and made its mark with the discovering of oil and the wild fiasco that came along with it the multinational companies “old seven sisters” leading the forefront for the effective exploration and exploitation of the resource like scavengers’ leading a pack of hungry bloodthirsty wolves from one continent to another with the help of world superpowers and ignorant leaders who signed contracts with these companies having no imagination of the level of degradation and destruction their activities would have on the environment at large especially in Southern part of Nigeria today. We can’t dispute the level of degradation oil has brought to our environment but at the same time, it is considered to be a key player in the generation of wealth and also a significant component in economic development. This makes energy resources extremely important for every country in the world. This paper seeks to discuss the linkages between energy and the environment because you know that there can be no energy without the environment.
ABSTRACT
The Alternative Dispute Resolution mechanism has served as a tool for conflict resoluti... more ABSTRACT The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world. ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities. However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments. The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing. This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large. This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
ABSTRACT
The Alternative Dispute Resolution mechanism has served as a tool for conflict resoluti... more ABSTRACT The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world. ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities. However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments. The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing. This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large. This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
ABSTRACT
Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of... more ABSTRACT Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of its oil resources with little regard for the full exploitation and utilization of its gas resources. Nigeria holds an estimated 190 trillion Cubic feet (Tcf) of proven natural gas reserves comprising associated gas and non-associated gas, making her the 9th largest gas reserve holder in the world and the largest in Africa. The road for reforms in the Nigerian oil and gas industry began with the inauguration of the oil and gas implementation committee in the year 2000 under the Olusegun regime which brought out a draft petroleum industry bill which later was changed into various versions before being passed on May 25, 2017. As the petroleum industry governance bill with the creation of a new regulatory NPRC (Nigerian Petroleum Regulatory Agency), which will take over the petroleum inspectorate, the department of petroleum resources, the petroleum products pricing Regulatory Agency. Also, two new companies were created under the bill, which includes; Nigerian Petroleum Assets Management Company and the Nigerian Petroleum Company, where the assets and liabilities of the Nigerian National Petroleum Corporation will be shared by these companies and the National Petroleum Company will operate as a fully independent commercial entity. Before this development, the gas industry in Nigeria lacked proper policies, structure, a regulatory and institutional framework to implement policies. This led to the creation of the Nigerian Gas Master Plan which was a blueprint to ensure a wholly competitive, market-driven domestic gas sector by increasing the supply of gas into the domestic market. This plan led to the National Domestic Gas Supply and Pricing policy coming into place, which brought with it the Domestic supply Obligations (DSO) supported by the Domestic Supply Obligation Regulations, given to various oil producers to close supply gaps in the domestic gas market and institutions such as the Nigerian Gas Company, Gas Aggregation Company of Nigeria were created as major agents to ensure the commercialisation of gas in Nigeria’s domestic market. The National Domestic Gas Supply and Pricing Policy were backed up by the National Domestic Gas Supply and pricing regulation. All these policies, regulations, and more have helped in the building up of the gas industry in Nigeria. Also structurally with the aid of the gas network codes, Nigeria will be able to have a detailed outline of its present pipeline system structures all over the country and the workability of the systems available. Though we as a nation can boost the West African Gas Pipeline, which is a trans-boundary pipeline system for the exportation of gas to West African countries. Also, there is the Escracvos Lagos Pipeline Systems (ELPS) which transport gas to various power plants within Nigeria. The National Petroleum Investment Management Services (NAPIMS) has assisted in the enhancement of the gas industry and the power sector through its joint venture with various international oil companies for the exploitation of gas and through the DSO scheme supplies gas to various IPPs in Nigeria thereby curbing the current power crisis gradually.
Since the advent of globalization coupled with the intensified wants and needs brought by industr... more Since the advent of globalization coupled with the intensified wants and needs brought by industrialization man’s greed for power and wealth has always been on the rise with nations and world power going on head to head to discover new and better energy sources to feed their growing desire for control and dominance in the world stage. History itself has told its own stories and made its mark with the discovering of oil and the wild fiasco that came along with it the multinational companies “old seven sisters” leading the forefront for the effective exploration and exploitation of the resource like scavengers’ leading a pack of hungry bloodthirsty wolves from one continent to another with the help of world superpowers and ignorant leaders who signed contracts with these companies having no imagination of the level of degradation and destruction their activities would have on the environment at large especially in Southern part of Nigeria today. We can’t dispute the level of degradation oil has brought to our environment but at the same time, it is considered to be a key player in the generation of wealth and also a significant component in economic development. This makes energy resources extremely important for every country in the world. This paper seeks to discuss the linkages between energy and the environment because you know that there can be no energy without the environment.
ABSTRACT
The Alternative Dispute Resolution mechanism has served as a tool for conflict resoluti... more ABSTRACT The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world. ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities. However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments. The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing. This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large. This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
ABSTRACT
The Alternative Dispute Resolution mechanism has served as a tool for conflict resoluti... more ABSTRACT The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world. ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities. However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments. The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing. This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large. This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
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Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of its oil resources with little regard for the full exploitation and utilization of its gas resources. Nigeria holds an estimated 190 trillion Cubic feet (Tcf) of proven natural gas reserves comprising associated gas and non-associated gas, making her the 9th largest gas reserve holder in the world and the largest in Africa.
The road for reforms in the Nigerian oil and gas industry began with the inauguration of the oil and gas implementation committee in the year 2000 under the Olusegun regime which brought out a draft petroleum industry bill which later was changed into various versions before being passed on May 25, 2017. As the petroleum industry governance bill with the creation of a new regulatory NPRC (Nigerian Petroleum Regulatory Agency), which will take over the petroleum inspectorate, the department of petroleum resources, the petroleum products pricing Regulatory Agency. Also, two new companies were created under the bill, which includes; Nigerian Petroleum Assets Management Company and the Nigerian Petroleum Company, where the assets and liabilities of the Nigerian National Petroleum Corporation will be shared by these companies and the National Petroleum Company will operate as a fully independent commercial entity.
Before this development, the gas industry in Nigeria lacked proper policies, structure, a regulatory and institutional framework to implement policies. This led to the creation of the Nigerian Gas Master Plan which was a blueprint to ensure a wholly competitive, market-driven domestic gas sector by increasing the supply of gas into the domestic market. This plan led to the National Domestic Gas Supply and Pricing policy coming into place, which brought with it the Domestic supply Obligations (DSO) supported by the Domestic Supply Obligation Regulations, given to various oil producers to close supply gaps in the domestic gas market and institutions such as the Nigerian Gas Company, Gas Aggregation Company of Nigeria were created as major agents to ensure the commercialisation of gas in Nigeria’s domestic market.
The National Domestic Gas Supply and Pricing Policy were backed up by the National Domestic Gas Supply and pricing regulation. All these policies, regulations, and more have helped in the building up of the gas industry in Nigeria.
Also structurally with the aid of the gas network codes, Nigeria will be able to have a detailed outline of its present pipeline system structures all over the country and the workability of the systems available. Though we as a nation can boost the West African Gas Pipeline, which is a trans-boundary pipeline system for the exportation of gas to West African countries. Also, there is the Escracvos Lagos Pipeline Systems (ELPS) which transport gas to various power plants within Nigeria.
The National Petroleum Investment Management Services (NAPIMS) has assisted in the enhancement of the gas industry and the power sector through its joint venture with various international oil companies for the exploitation of gas and through the DSO scheme supplies gas to various IPPs in Nigeria thereby curbing the current power crisis gradually.
This paper seeks to discuss the linkages between energy and the environment because you know that there can be no energy without the environment.
The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world.
ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities.
However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments.
The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing.
This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large.
This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world.
ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities.
However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments.
The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing.
This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large.
This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
Nigeria is a gas economy with specs of oil in it thrives on its constant exploitation of its oil resources with little regard for the full exploitation and utilization of its gas resources. Nigeria holds an estimated 190 trillion Cubic feet (Tcf) of proven natural gas reserves comprising associated gas and non-associated gas, making her the 9th largest gas reserve holder in the world and the largest in Africa.
The road for reforms in the Nigerian oil and gas industry began with the inauguration of the oil and gas implementation committee in the year 2000 under the Olusegun regime which brought out a draft petroleum industry bill which later was changed into various versions before being passed on May 25, 2017. As the petroleum industry governance bill with the creation of a new regulatory NPRC (Nigerian Petroleum Regulatory Agency), which will take over the petroleum inspectorate, the department of petroleum resources, the petroleum products pricing Regulatory Agency. Also, two new companies were created under the bill, which includes; Nigerian Petroleum Assets Management Company and the Nigerian Petroleum Company, where the assets and liabilities of the Nigerian National Petroleum Corporation will be shared by these companies and the National Petroleum Company will operate as a fully independent commercial entity.
Before this development, the gas industry in Nigeria lacked proper policies, structure, a regulatory and institutional framework to implement policies. This led to the creation of the Nigerian Gas Master Plan which was a blueprint to ensure a wholly competitive, market-driven domestic gas sector by increasing the supply of gas into the domestic market. This plan led to the National Domestic Gas Supply and Pricing policy coming into place, which brought with it the Domestic supply Obligations (DSO) supported by the Domestic Supply Obligation Regulations, given to various oil producers to close supply gaps in the domestic gas market and institutions such as the Nigerian Gas Company, Gas Aggregation Company of Nigeria were created as major agents to ensure the commercialisation of gas in Nigeria’s domestic market.
The National Domestic Gas Supply and Pricing Policy were backed up by the National Domestic Gas Supply and pricing regulation. All these policies, regulations, and more have helped in the building up of the gas industry in Nigeria.
Also structurally with the aid of the gas network codes, Nigeria will be able to have a detailed outline of its present pipeline system structures all over the country and the workability of the systems available. Though we as a nation can boost the West African Gas Pipeline, which is a trans-boundary pipeline system for the exportation of gas to West African countries. Also, there is the Escracvos Lagos Pipeline Systems (ELPS) which transport gas to various power plants within Nigeria.
The National Petroleum Investment Management Services (NAPIMS) has assisted in the enhancement of the gas industry and the power sector through its joint venture with various international oil companies for the exploitation of gas and through the DSO scheme supplies gas to various IPPs in Nigeria thereby curbing the current power crisis gradually.
This paper seeks to discuss the linkages between energy and the environment because you know that there can be no energy without the environment.
The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world.
ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities.
However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments.
The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing.
This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large.
This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.
The Alternative Dispute Resolution mechanism has served as a tool for conflict resolution in different spheres of the economy worldwide through the process of negotiation, mediation, arbitration, conciliation, and mini-trial. It has become an acceptable and certainly an unavoidable part of the global world.
ADR is increasing in recognition in commercial disputes globally due to its wide range of options available to an aggrieved party. However, the mechanism is beginning to be introduced gradually into the oil-producing regions of Nigeria, Where oil spillages or oil pollution creates a lot of environmental disputes among the oil companies and various communities.
However, aggrieved parties are now free to choose from the various options available and avoid the rigors of courtroom litigation. With this, the ADR mechanism if fully accepted will open a lot of opportunities for other sectors of the economy in Nigeria, as professionals from the banking, medical and maritime sectors will be willing to embrace the technique and have speedy results than go through the stress of court processes and trial adjournments.
The ADR mechanism allows for the free flow of justice to any injured party through speedy trials and out of court settlements, thereby making it a system Nigeria as a whole must join the global world in developing.
This paper tends to look at the function of ADR in the civil justice system as well as its importance in the enforceability of dispute resolution clauses. Although ADR is coupled with some advantages and disadvantages, its future is a determinate factor to its continued existence in Nigeria and the world at large.
This work tends to limit itself to the civil justice system as aforementioned and environmental dispute using the various ADR options present.