PIA: NUPRC Incorporates 155 Trusts Across N’Delta
Naija News • 13h ago
– Host communities demand oil derivation share
Blessing Ibunge in Port Harcourt
As part of the implementation of the Petroleum Industry Act (PIA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has incorporated 155 Host Community Development Trusts (HCDTs) across host communities in the Niger Delta.
The Commission Chief Executive, Mrs. Oritsemeyiwa Eyesan, disclosed this at a town hall engagement meeting with host communities’ development trusts and settlors in Rivers State, held at Voyage Hotel, Port Harcourt, at the weekend.
Represented by Success Ikpe, an Assistant Director in the commission, Eyesan also revealed that a digital reporting and monitoring system developed by the commission now helps to track host community development trusts’ activities to ensure...