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South-South lawmakers call for unbundling NNPC, demand 10% for host communities

Last updated: March 13, 2021 11:55 am
6 years ago
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1 Min Read
South-South

The South-South caucus of Nigeria’s House of Representatives has kicked against the proposed two points five percent to be given to the host communities from the oil production operating cost and is demanding 10 percent to the host communities.

In a communique issued at the end of its retreat on the Petroleum Industry Bill in Uyo, Akwa Ibom state, the South-South lawmakers, also insisted on the relocation of the international oil companies to their area of operations and the unbundling of the Nigerian National Petroleum Corporation, NNPC.

Earlier, Governor Udom Emmanuel, represented by his deputy, Moses Ekpo, charged them to ensure that the interest of host communities is protected.

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

Minority leader of the House of Representatives, Ndudi Elumelu had earlier spoken on the dangers of not passing the PIB.

(Edited by : Tunde Orebiyi)

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