#PetroleumIndustryAct

Abia Host Communities Inaugurated as HOSCON Vows Peace, Youth Empowerment, Oil Sector Growth

Abia Host Communities Inaugurated as HOSCON Vows Peace, Youth Empowerment, Oil Sector Growth

Abia Host Communities Inaugurated as HOSCON Pledges Peace, Youth Empowerment and Oil Sector Development "For the first time in more than two decades, Abia State's oil-producing communities have a duly elected and constitutionally recognized leadership, raising fresh hopes for peace, youth empowerment, economic opportunities and sustainable development across host communities." " The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has inaugurated its first constitutionally recognized executive council in Abia State. National Chairman Prince Dr. Mike Emu said the new leadership will promote peace, support oil and gas development, facilitate implementation of the Petroleum Industry Act's 3% Host Community…
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Ensure Budgetary allocations to Oil Host Communities Reflect people’s priorities, FENRAD urges PIA

Ensure Budgetary allocations to Oil Host Communities Reflect people’s priorities, FENRAD urges PIA

Ensure Budgetary allocations to Oil Host Communities Reflect people's priorities, FENRAD urges PIA A clarion call has been made to ensure transparency, community needs assessment and implementation in Host Community Development Trust Funds under the umbrella of the Petroleum Industry Act (PIA), 2021. The Foundation for Environmental Rights, Advocacy & Development (FENRAD )an Environmental Rights Advocacy Organization has called for greater transparency, accountability, and community participation in the implementation of the Host Community Development Trust Funds (HCDTFs) as provided for under the Petroleum Industry Act (PIA), 2021. As the PIA mandates the creation of HCDTFs to ensure oil-bearing communities benefit…
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Rivers NUJ visits NUPRC, advocates development Journalism

Rivers NUJ visits NUPRC, advocates development Journalism

Rivers NUJ visits NUPRC, advocates development Journalism The Rivers State Council of the Nigeria Union of Journalists (NUJ), has visited the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),Port Harcourt Regional Office on familiarisation tour. Addressing the NUPRC Regional Coordinator,Dr Musa Zagi and his Management Team,the NUJ Chairman, Comrade Paul Bazia-Nsaneh said having been recently elected into office, the executive deemed it necessary to pay a courtesy visit on the Company,being the regulators of the nation's oil and gas industry, especially in the upstream sector. He told the host that based on their important role in managing the oil and gas industry,…
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