By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

PIB: South-south Governors want 10% appropriated to oil producing companies

Last updated: March 9, 2021 9:53 am
4 years ago
Share
1 Min Read
PIB

Governors of Nigeria’s South-South geopolitical zone want the National Assembly to increase the provision in the Host Community Fund as contained in the Petroleum Industry Bill PIB from 2.5% to 10%.


Speaking after a meeting held ahead of the Peoples Democratic Party Zonal Congress in Port Harcourt, the Governors, while welcoming the establishment of a Host Community Trust Fund argue that the communities have a role to play especially in the area of surveillance of oil facilities and installations.

Also Read: PIB: Gov. Uzodinnma wants oil companies compelled to refine 25% of crude locally
 
The South-South Governors say they also discussed the issue of the management of the Niger Delta Development Commission NDDC.

Editor-Oloyede Oworu

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • African Development Bank and Islamic Development Bank Forge Strategic Partnership to Address Fragility and Build Resilience in Africa May 14, 2025
  • Invest in African Energy (IAE) 2025: Innovative Financing to Unlock Africa’s Energy Potential May 14, 2025
  • Global Africa Business Initiative Rallies Leaders to Accelerate Digital Growth in Africa May 14, 2025
  • Mauritania Shifts to Private Power with 550 Megawatt (MW) Gas Plant, Bids to Start Within Weeks May 14, 2025
  • Rania El Rafie Appointed to Jury Panel of the 50 Most Influential African Women in Sports Awards 2025/2026 May 14, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?