Trotman’s failure to understand Petroleum Law mind-boggling – accountant
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A visibly livid Ram subsequently questioned “did this man read the legislation”, as he pointed to the fact that even after production licences have been issued which should have contained proposals for securing local content “now we are holding consultations.” According to Ram, “the fact that a production licence has been issued without being satisfied about the local content is unlawful and its dereliction of duty by the Minister of Petroleum under the legislation.”
Ram further chided Trotman, saying he still has the “temerity to say we ain’t gonna be providing anything” with regards the regulation to safeguard local content.
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Chartered Accountant Christopher Ram