PIB: South-South Governors Demand 10 Percent As Host Community Trust Fund; want NDDC funds escrowed till Buhari reconstitutes board

Governors of the South-South States have demanded 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 nation. The governors have also advised President Mohammadu Buhari that in the absence of the Board…

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