General Administration Of The Petroleum Industry

Objectives

The exploitation of oil, gas, or minerals is usually treated as a sovereign, national policy and administration issue. However, in other to foster the development of a competitive economic region and integration into the Global Economy, it is necessary to adopt international best practices and standards that are directly related to the oil and gas industry. Nigeria as a foremost member of the Extractive Industries Transparency Initiative (EITI), ("an initiative formulated to promote the open and accountable management of oil, gas and mineral resources") has set these administrative frameworks to serve as the building blocks to underpin the implementation of the industry's legal framework using international best practices.