A Diagnostic Appraisal of the Fiscal Regime: Deep Offshore and Inland Basin Production Sharing Contract Act in Focus
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Date
2019
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Journal ISSN
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Publisher
Novena University Law Journal
Abstract
This paper extensively explains in lucid terms and in deserving instances, compares the fiscal provisions of the Deep Offshore and Inland Basin Production Sharing Contracts Act and the Petroleum Profits Tax Act with reference to the Production Sharing Contracts petroleum arrangement in the upstream petroleum industry in Nigeria. It also makes a very strong case for a total review of the Deep Offshore and Inland Basin Production Sharing Contracts Act with a view to ensuring that the Nigerian government derives maximum benefits from her petroleum resources.
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Keywords
Diagnostic Appraisal, Fiscal Regime, Contract Act
Citation
Iloba-Aninye, O., and Kontagora, A.M (2019). A Diagnostic Appraisal of the Fiscal Regime: Deep Offshore and Inland Basin Production Sharing Contract Act in Focus. Novena University Law Journal. Vol.7. Pp. 27-45.