By Ediri Ejoh

LAGOS—Experts in the country’s oil and gas sector, have accused the Federal Government and the oil communities of ignorance to contractual agreement signed before exploration and production in the region.

This was as they attributed such dysfunction to policies and regulations supposedly meant to guide petroleum operations.

Disclosing this at a workshop for journalist organised by Natural Resources Governance Institute, NRGI, Managing Partner, Sterling Partnership, Mr. Israel Aye, stated that for the oil sector to develop to its fortune, there was need for development of the country’s legal framework , which requires that such laws, regulations and policies governing the industry should be unambiguous, comprehensive, flexible, transparent and practical.