• About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, December 4, 2023
Mediatracnet
Advertisement
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint
No Result
View All Result
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint
No Result
View All Result
Mediatracnet
No Result
View All Result
Home News

PIB: Akwa Ibom gov. insists on 5% allocation for oil producing host communities

Bassey Udo by Bassey Udo
July 18, 2021
in News
0
Dakkada: What difference has it made in six years?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

MEDIATRACNET

The demand by governors of the States in the southern part of the country for five percent allocation for Host Community Fund in the proposed Petroleum Industry Bill (PIB) is not too much, the Akwa Ibom State governor, Udom Emmanuel, has said.
The governor who was answering questions from reporters in Minna, Niger State on Saturday said the proposal contained in the House of Representatives version of the draft PIB was in order “considering the devastating effects of oil production on communities in the oil producing areas in the Niger Delta region.”
“The three percent approved in the Senate version of the draft Bill approved last week is too small, considering the risks and hazards people in the oil producing areas are subjected to through oil exploration and production activities.
“The fishermen can no longer earn a living, because of oil spillage, while the farmers cannot farm on the land, because of the same reason.
“There are numerous other challenges confronting members of oil producing communities,” the governor said.
Emmanuel said although the Southern State governors cannot take away the functions of members of the National Assembly on the PIB, they however have an obligation to point out that more resources are required to assist the oil producing communities maintain peace and create the enabling environment for the continued operation of the oil companies in the region.
He said the governors in states in the affected communities would give and appropriate response after studying the draft PIB carefully.
The two Chambers of the National Assembly last week passed the draft PIB in which the controversial provision of three percent allocation was approved for the Host Oil Communities Fund, amid protests by civil society groups and affected groups in the Niger Delta region. (NAN) 

Previous Post

SUNDAY MUSINGS: Lauretta Onochie & Other Matters Arising

Next Post

Nigeria wants ECOWAS trade groups to focus on inclusive trade to boost sub-regional economy growth

Bassey Udo

Bassey Udo

Bassey Udo is a Journalist, Communication & Media Practitioner PERSONAL DETAILS DATE OF BIRTH: March 3, 1965 GENDER: Male NATIONALITY: Nigerian GSM: +234 802 313 7335; 07032308000 EMAIL: [email protected] CONTACT ADDRESS: Plot 743 Coral Park Street, Lugbe CRD, Abuja, FCT 900128 A multiple award winning investigative reporter with specialised interest in Business & Economy, Energy & Power, Oil, Gas, Mining & Extractive Industry, Environment & Climate Change, etc. at various times for some of Nigeria’s elite newspapers and magazines, including Post Express, NewsAfrica magazine, Independent, 234NEXT and Premium Times. A member of the Nigerian Guild of Editors (NGE), Nigeria Union of Journalists (NUJ), Nigerian Institute of Public Relations (NIPR) and Society of International Law & Diplomacy (SILD). He is also a distinguished Alumnus of the U.S. International Visitors Leadership Programme (IVLP) 2017.

Next Post
Nigeria, 43 other countries yet to formally validate African trade agreement

Nigeria wants ECOWAS trade groups to focus on inclusive trade to boost sub-regional economy growth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Cash crunch: Why Labour called off its planned nationwide strike

NLC President’s brutalization: Bayo Onanuga’s mischief & the tragedy of a nation 

November 14, 2023
Experts proffer why most govt. policies, programmes fail 

Experts proffer why most govt. policies, programmes fail 

November 1, 2023
Experts proffer why most govt. policies, programmes fail 

Data literacy: NBS, UNDP, others unveil the Nigeria Visualise Project

November 28, 2023
Nigeria’s Cashless Economy (1)

The beautiful story of Madam Kadama

November 10, 2023
National development: NEITI, NBS to agree on data exchange, utilization

National development: NEITI, NBS to agree on data exchange, utilization

December 4, 2023

Real reasons Kyari was retained as Group CEO of NNPC Ltd. 

December 4, 2023
Nigeria’s Cashless Economy (1)

Nigeria’s National Assembly & separation of powers   

December 3, 2023
How protesting Kaduna workers forced TCN to shut down all power stations, plunge state into darkness – Official

TCN new SCADA system for launch Q4,2024; to rehabilitate Benin network

December 1, 2023

Latest News

National development: NEITI, NBS to agree on data exchange, utilization

National development: NEITI, NBS to agree on data exchange, utilization

December 4, 2023
1

Real reasons Kyari was retained as Group CEO of NNPC Ltd. 

December 4, 2023
33
Nigeria’s Cashless Economy (1)

Nigeria’s National Assembly & separation of powers   

December 3, 2023
4
How protesting Kaduna workers forced TCN to shut down all power stations, plunge state into darkness – Official

TCN new SCADA system for launch Q4,2024; to rehabilitate Benin network

December 1, 2023
5
Mediatracnet

WE BELIEVE a virile democratic community is impossible without an informed citizenry, who are capable of balancing their fundamental rights, with their civic roles and responsibilities, based on a balanced, transparent and objective reportage of issues and events by the media.

Follow Us

Browse by Category

  • Business
  • Entertainment
  • Environment
  • Fashion
  • Health
  • Lifestyle
  • Movie
  • Music
  • News
  • Politics
  • Politics & Policy
  • Religion
  • Science
  • Social Business
  • Special Focus
  • Sport & Entertainment
  • Uncategorized
  • Viewpoint
  • World

Recent News

National development: NEITI, NBS to agree on data exchange, utilization

National development: NEITI, NBS to agree on data exchange, utilization

December 4, 2023

Real reasons Kyari was retained as Group CEO of NNPC Ltd. 

December 4, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 Mediatracnet - tracking news for community value... Powered by Zilisoft Tech.

No Result
View All Result
  • Home
  • News
  • Special Focus
  • Politics & Policy
  • Viewpoint

© 2023 Mediatracnet - tracking news for community value... Powered by Zilisoft Tech.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.