Funds allocated for the development of host communities in the Niger Delta under the Petroleum Industry Act (PIA) will be utilized effectively for the good of the region, the Nigerian National Petroleum Company (NNPC) Limited has assured.
The assurance was given at the weekend during a stakeholder engagement session with the KEFFESO Host Communities Development Trust (HCDT), a cluster of host communities comprising Koluama 1 and 2, Ezetu 1 and 2, Foropa, Fish Town, Ekeni, Sangana, Opu Okumbiri, Okumbiribeleu, and Oginibiri in Bayelsa State, under the NNPC Limited/FIRST Exploration & Petroleum Development Company (FIRST E&P) Joint Venture project.
Speaking at the event in Yenagoa, Bayelsa State, the Chief Upstream Investment Officer of NNPC Limited, Engr. Seyi Omotowa, said NNPC Ltd was committed to ensuring that funds approved for the development of host communities under the PIA were channelled towards projects that address critical needs such as education, healthcare, and infrastructure to ensure sustainable development.
Omotowa who was represented by the Deputy Manager, External Relations, NUIMS, Mrs. Edith Lawson, said the collaboration between stakeholders was essential to achieving lasting socio-economic development.
The Minister of State, Petroleum Resources (Oil), Senator Heineken Lokpobiri, commended the NNPC LTD/FIRST E&P JV for sustaining its strategic partnership with KEFFESO HCDT and urged community leaders to work together to ensure peace and stability in their communities.
He pointed out that without peace, companies would struggle to operate effectively, ultimately impacting the 3% Host Community Fund approved in the PIA for development initiatives.
Also speaking, the Executive Commissioner, Safety, Environment, and Community, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Captain John Tonlagha, who represented the Chief Executive Officer of the NUPRC, Engr. Gbenga Komolafe, commended the institutionalization of the community development trust initiative, describing it as a defining moment in Nigeria’s petroleum sector with the introduction of the much-needed governance, transparency, and accountability in community development efforts.
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, who was represented by the Board’s Director of Legal Services, Barr. Naboth Onyesoh, commended the KEFFESO HCDT for its commitment to driving sustainable development through the PIA framework and the NUPRC for successfully incorporating over 100 Host Community Development Trusts (HCDTs) to support socio-economic growth in the region.
On his part, the Managing Director of FIRST E&P, Ademola Adeyemi-Bero, who was represented by John Alamu, commended the KEFFESO HCDT for creating a platform that encourages dialogue, collaboration, and accountability, describing it as a model for other host community development trusts to emulate.
The Chairman of the KEFFESO HCDT, His Royal Highness, Moses Theophilus, lauded the NNPC Limited/FIRST E&P JV for its proactive steps in ensuring that the KEFFESO communities benefit significantly from the PIA framework.
The forum called for sustained collaboration, emphasizing that the success of the PIA depended on strong partnerships, peace, and a shared commitment to community development.
