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Tag "Host communities"

With gas flare and remediation payments, host communities to enjoy more benefits in PIA

    With gas flare and remediation payments, host communities to enjoy more benefits in PIA

The Petroleum Industry Act (PIA) grants host communities more financial benefits than the 3 percent allocation from the actual annual operating expenditure of oil companies. The host community section of

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PIA: We’ll ensure host communities utilise 3% allocation judiciously, says Akpabio

    PIA: We’ll ensure host communities utilise 3% allocation judiciously, says Akpabio

Godswill Akpabio, minister of Niger Delta affairs, says the agency will ensure host communities make judicious use of three percent allocated to them in the new Petroleum Industry Act (PIA).

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Buhari to host communities: Petroleum Industry Act will bring real, lasting benefits

    Buhari to host communities: Petroleum Industry Act will bring real, lasting benefits

President Muhammadu Buhari has asked host communities to accept the provisions of the Petroleum Industry Act (PIA). Buhari on Wednesday made the appeal in his address on the passage of the

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Hydropower host communities demand 10% royalty amid concession of assets

    Hydropower host communities demand 10% royalty amid concession of assets

The Hydroelectric Power Producing Areas Development Commission (HYPPADEC), a body comprising host communities of hydropower plants, has asked the federal government through the Bureau of Public Enterprises (BPE) for a

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Reps consider bill to reserve 5% of GenCos’ revenues for host communities

  Reps consider bill to reserve 5% of GenCos’ revenues for host communities

A bill seeking to reserve five percent of all revenues accruing to power generating companies (GenCos) in Nigeria for the

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Bayelsa suspends agreements between host communities, oil firms

  Bayelsa suspends agreements between host communities, oil firms

The Bayelsa state government has suspended all agreements between host communities and international oil companies. In a statement on Friday,

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PIB: Diri rejects 2.5% allocation for host communities

  PIB: Diri rejects 2.5% allocation for host communities

Douye Diri, governor of Bayelsa state, says the 2.5 percent revenue allocated to oil-producing communities in the petroleum industry bill

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Omo-Agege, reps chief whip to meet host communities over PIB

  Omo-Agege, reps chief whip to meet host communities over PIB

Ovie Omo-Agege, deputy president of the senate, and Mohammed Monguno, chief whip of the house of representatives, are among top

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EXTRA: Ajaokuta steel can’t take off unless our ancestors are appeased, say host communities

  EXTRA: Ajaokuta steel can’t take off unless our ancestors are appeased, say host communities

Communities which own the land on which Ajaokuta Steel Company is built say the firm cannot take off unless their

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Kachikwu: New oil licences will be issued when PIGB becomes law

  Kachikwu: New oil licences will be issued when PIGB becomes law

Ibe Kachikwu, minister of state for petroleum resources, says new licences for oil blocks will be issued when the petroleum

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