ASSET RETIREMENT OBLIGATIONS IN UPSTREAM PETROLEUM INDUSTRY: ISSUES AND ACCOUNTING FRAMEWORK
ABSTRACT The major drivers of this study to appraise the convention of asset retirement obligation in the Nigerian upstream petroleum sector. Asset retirement obligation is seen to have many objectives and benefits as well as a number of challenges. There is also no consensus as to what is the underlying regulatory framework guiding its implementation. This study, therefore, attempts to bridge this existing gap in the literature to identify what ...
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