Tag: 10% derivatives
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#TNGPIBConfab: Uduaghan, Osunbor, Darah back governors on demand for 10% derivation fund for host communities
Former Governors of Delta and Edo States, Dr. Emmanuel Uduaghan and Prof. Oserheimen Osunbor have backed calls by the South South Governors for an upward review of the provision of 2.5 percent as Host Community Trust Fund in the Petroleum Industry Bill (PIB) to 10 percent in the best interest of oil communities and the…