Arrangement of Sections
1. 9TH NOVEMBER,1998 THE FEDERAL MILITARY GOVERNMENT hereby decrees as follows:-
2. (1) There is hereby established for the Commission a Governing Board (in this Act referred
3. (b) be persons of proven integrity and ability.
4. (1) Notwithstanding the provisions of section 3 of this Act, a person shall cease to hold
5. (d) he is guilty of a serious misconduct in relation to his duties; or
7. The Board shall have power to –
10. (e) the Directorate of Finance and Accounts.
11. (1) The Board shall appoint for the Commission such number of employees as may in the opin
12. (1) Service in the Commission shall be approved service for the purposes of the Pensions A
13. (1) The Commission shall establish and maintain a fund from which shall be defrayed all ex
14. (1) The Commission shall apply the proceeds of the fund established pursuant to section 13
15. (d) the payment for all purchases; and
16. (1) The Commission shall have power to award contracts not exceeding the sum of N50 millio
17. (1) The Commission may, with the consent of the President, borrow, on such terms and condi
18. (1) The Board shall, not later than 30th September in each year, submit to the President a
19. The Board shall prepare and submit to the President, not later than 30th June in each year
20. (1) For the purposes of providing offices and premises necessary for the performance of it
21. (b) construct offices and premises and equip and maintain same,
22. (1) The Oil Mineral Producing Areas Development Commission Decree 1992 is hereby repealed
23. The Commission may, with the approval of the President, make regulations, generally for th
24. In this Act, unless the context otherwise requires- “Board” means the governing Board esta
25. This Act may be cited as the Oil Mineral Producing Areas Development Commission Act 1998.
OIL MINERAL PRODUCING AREAS DEVELOPMENT COMMISSION ACT
1998
9TH NOVEMBER,1998 THE FEDERAL MILITARY GOVERNMENT hereby decrees as follows:-
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