Petroleum Industry Act: Ogun begins identification of littoral communities
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Ogun govt begins determination of coast line of communities in the gulf of Guinea in the state for the determination of HCDT of the PIA.
Ogun government has began the process of the determination of coast line of communities along the gulf of Guinea in the state for the operationalization of the Littoral Host Community Development Trust (HCDT) of the Petroleum Industry Act, PIA.
The exercise is being carried out in conjunction with the National Boundary Commission in pursuance of the provisions of the Petroleum Industry Act no.6 of 2021, which stipulates that host communities affected by the Petroleum operations will be entitled to 3% of actual annual operating expenditure of the preceding financial year of oil companies.
The fund was intended as direct social and economic benefits to people of the communities from operations of the oil companies.
The exercise followed earlier visit earlier OF Director General, National Boundary Commission, Surv. Adamu Adaji to the Office of the Deputy Governor and Chairman of Ogun State Boundary Committee, Engr. Noimot Salako-Oyedele.
Adaji had during the visit drew attention to the all-important assignment for adequate representation of the identified communities in the Host Communities Development Trust.
The Acting Surveyor General of Ogun State, who led the State team on the exercise said the mandate given to the joint field team is to verify and capture the Littoral Communities along the Gulf of Guinea that are within 500 metres buffer from the shore line to satisfy the provisions of the PIA for gazzete purposes.
He added that the exercise which was carried out at Ode-Omi in the Ogun Waterside Local Government area was done by a joint field team comprising representatives of the Federal Government, National Boundary Commission, Office of the Surveyor General of the Federation, Nigerian Upstream Regulatory Commission and the Ogun State Boundary Commission.
Reacting to the exercise on behalf of concerned communities totaling 60 in all, the Lenuwa of Ode-Omi, Oba Folailu Adekunle Hassan, appreciated the State and Federal government for the initiative. He promised the support of his community towards the overall success of the exercise.
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