Tag: Host Community

PIB: 2.5% for host community not enough – Omo-Agege

Oct 20, 2020

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by

Ediri Oyibo

in Niger Delta, Nigeria

Deputy Senate President, Senator Ovie Omo-Agege has argued that the annual contribution of an amount equal to 2.5 per cent of actual operating expenditure by oil companies to the host community development trust fund proposed in the Petroleum Industry Bill (PIB) is not enough. Senator Omo-Agege presented this argument on the floor of the Nigerian…