Oil Host Communities
Governor Ikpeazu: Oil companies have no presence in Abia
Governor Okezie Ikpeazu of Abia State, has expressed concern that despite the long years of oil exploration in the state, there was nothing tangible people of oil-producing communities in the state have to show for it. Ikpeazu, while receiving the Senate and House of Representatives Joint Committee on Petroleum Industry Bill led by Senator Albert Bassey at Government House, Umuahia, said that Abia oil-producing communities have remained peaceful more than other oil-producing communities in the country, stressing that the peaceful disposition of the communities should serve as a model for the compensation of oil-producing communities. The governor lamented that the oil exploration and production companies who do business in Abia do not pay taxes to the state, but rather reside in neighbouri...
PIB: Rivers governor supports allocation of 10 per cent oil revenue to host communities
Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly. Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on, so that development of host communities can be truly actualised. The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday. Governor Wike stated that oil bearing communities have suffered the loss of their livelihood, good drinking water and their socio-cultural life disrupted because of the insensitivity of the International Oil compan...
