Ex-HOSCON Chairman To Appear In Court Tuesday For Trial
A former chairman of the Host Communities of Nigeria (HOSCON), Professor Jasper Jumbo, will on Tuesday, May 2, 2023, appear before a Rivers State High Court
Source: leadership.ng
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Amid divestment, Nigeria targets oil, gas royalty, licensing rounds in new regulations
Nigeria is planning about six new regulations on the backdrop of the Petroleum Industry Act (PIA) that sets fresh modalities for oil and gas royalty, award of oil blocks, fees and rentals amidst divestment by International Oil Companies (IOCs).
Source: guardian.ng
HOSCON urges FG to deploy gas flare penalty to fund modular refineries
HOSCON urges Federal Government to fund establishment of modular refineries from accumulated gas flare penalty fund
Source: pmnewsnigeria.com
₦98 Billion Oil Pollution Fund Stirs Controversy In Niger Delta Communities
The relative peace being enjoyed in the oil-rich Niger Delta may be under threat as some oil producing communities in the region are not happy with the delay in the payment of the alleged N98billion oil pollution compensation fund being promised by the federal government. Speaking with a cross-section of some community heads in the region they confided in The Nation that the monies were approved during the twilight of the then President Goodluck Jonathan administration and was expected to be paid by President Muhammadu Buhari after due diligence was conducted. But that was not to be as the ...
Source: niyitabiti.net