Punch Newspapers
Sections
Sunday Aborisade, Abuja
Leaders of the Host Community of Oil Producing Areas, on Tuesday, called on the Federal Government to scrap the Niger Delta Development Commission and transfer all its allocations to them for effective management.
The President, National Executive of the Host Communities of Nigeria Producing Oil and Gas, High Chief Benjamin Tamaranebi, stated this while addressing journalists on the second day of the public hearing on the Petroleum Industry Bill by the Senate joint committee on petroleum upstream, downstream, and Gas.
He said with the reduction of the host community development trust fund from 10 per cent in 2008 to 2.5 per cent in 2020, PIB proposed documents would deny the people the required funds to develop their areas.