Home Uncategorized PIB: South-south governors demand 10% for host communities

PIB: South-south governors demand 10% for host communities

by Kunle Awosiyan
south-south governors

Governors of the South-South States have demanded an upward review of the provision of 2.5 percent as Host Community Trust Fund in the Petroleum Industry Bill (PIB) to 10 percent in the best interest of oil communities and the nation.

The governors also advised President Mohammadu Buhari that in the absence of the board of the Niger Delta Development Commission (NDDC), funds for the commission beyond the payment of salaries should be put in an escrow account until he constitutes the board.

Chairman of the South-South Governors Forum and Governor of Delta State Ifeanyi Okowa made this assertion at the end of the forum’s meeting which held at the Government House, Port Harcourt

The governors maintained that the communities have a role to play in the surveillance of the nation’s oil facilities and pipeline network.

0 comment

Related Articles

Leave a Comment