After a closed door meeting, South-South Governors, comprising Ifeanyi Okowa, Douye Diri, Nyesom Wike, Udom Emmanuel, Ben Ayade and Godwin Obaseki of the six south-south states on Tuesday, March, 9, 2021 have placed a demand on the federal government and Nigerian senate to further review and reconsider the proposed 2.5% to be allotted to host oil Communities by the provision of the Petroleum Industry Bill (PIB).
The resolve of governors were relayed to newsmen by the chairman of the forum by its chairman, Ifeanyi Okowa , decrying that the 2.5% being present for approval as percentage to be allocated to the host communities was by far below expectation.
Okowa while speaking to newsmen had this to say:
We are of the view that while we welcome the Host Community Trust Fund, we do believe that 2.5 per cent that is appropriated in that bill for the purpose of host community fund is inadequate.
We have discussed with our people and collectively as leaders of the people in our various states and as leaders standing in on behalf of our people, we urge the National Assembly to increase the provision in the host community fund from 2.5 per cent to 10 per cent. “This is in the best interest of our communities and the nation,
Okowa said if the federal heeds to these demands, the resident for most of this host communities will also collectively collaborate with multinationals to ensure safety of petroleum facilities in the region.
A peaceful environment in the various oil communities would enable us have greater and seamless production, without any form of disruption going into the future. “The Governors have also urged President Muhammadu Buhari that in the absence of the board of the Niger Delta Development Commission (NDDC), funds for the commission, beyond the payment of salaries, should be put in an escrow account until he constitutes the board,
Recall NigerDeltaconnect.com earlier reported that Gov. Nyesom Wike Governor of Rivers State had requested for an upward review of the proposed 2.5%, saying a peg point of 10% was adequate enough.