Home » Trust Fund

Trust Fund

PIB: Ijaw leaders reject ‘disgusting, provocative’ bill

The leadership of the Ijaw nation has rejected the Petroleum Industry Bill (PIB) just passed into law by the National Assembly describing it as disgusting and provocative. The leaders also called on the Minister of State for Petroluem Resources, Chief Timipre Sylva, to use this opportunity to write his name in gold, and on the side of prosperity by standing firm with the Ijaw people against their oppressors. President of the Ijaw National Congress (INC), the umbrella body of the Ijaw people, Prof Benjamin Okaba in a packed press conference, he addressed at the Ijaw House, headquarters of INC in Yenagoa, Bayelsa State, declared that the Ijaw nation rejects in its entirety the 3% and 5% provisions as compensation, the redefinition of host communities and other provisions including the alloca...

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...

Foundation donates N2 million to fix potholes in UNICAL

Tecno An educational foundation, Teacher Essien Ita Ita Educational Foundation (TEIIEF), has presented a cheque of N2 million to the University of Calabar (UNICAL) for the fixing of potholes in the institution. The presentation, which was done at the weekend in the office of the Vice Chancellor of the University, was part of the activities to mark the second year remembrance of the demise of Mrs. Temitope Ekpenyong Ita, wife of Mr. Ekpenyong Ita, a former Director General of the Department of State Services (DSS) and son of the late Teacher Esien Ita, who died March 13, 2019. Speaking shortly after presenting the cheque to the Vice Chancellor of UNICAL, Prof. Florence Obi, the Chairman of the Board of Trustees of the Foundation, Chief Gersh Henshaw said, the organisation was delighted to i...