Political Economist

Top Menu

  • Home
  • About us
  • Contact us

Main Menu

  • Local News
  • World News
  • Business & Economy
  • Sports
  • Commentaries
  • Home
  • About us
  • Contact us

logo



Political Economist

  • Local News
  • World News
  • Business & Economy
  • Sports
  • Commentaries
  • Military Pension Board: Lawal, a reformer on duty

  • NSF 2020: Team Delta bests the rest, Host Edo trails in second place

  • Defamation: Olukoya, MFM Win again as London Court Slams Perpetual Injunction, Cost on Maureen Badejo

  • COVID-19: Japan Olympic adviser urges vaccine option for athletes

  • COVID-19 PANDEMIC OPENED UP IMMENSE TALENTS OF NIGERIAN SCIENTISTS –  BUHARI

Local News
Home›Local News›PIB: Gov. Wike advocates at least 10% fund allocation for specific projects in host communities

PIB: Gov. Wike advocates at least 10% fund allocation for specific projects in host communities

By Admin
March 5, 2021
40
0
Wike

Rivers State Governor, Nyesom Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly.

Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on so that development of host communities can be truly actualised.

The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday.

Governor Wike stated that oil-bearing communities have suffered the loss of their livelihood, good drinking water, and their sociocultural life disrupted because of the insensitivity of the International Oil Companies (IOCs).

“It unfortunate that people produce oil but they live in poverty. I believe that this Petroleum Industry Bill (PIB) committee will make recommendations of how certain percent must be given to the host oil communities.

“There are issues of education and health. Don’t just say 10 percent to the oil host communities. It must be tied to specific projects so that whoever is in charge will know it.

“So that he or she does not have the prerogative to initiate, like during Christmas, to buy and give 20 thousand bags of rice and tag it as project.

“Let it also not be that host community people will have this money, and you begin to see assassinations among themselves.”

“I have found out that part of the problem we have in communities is that they allow these oil companies to divide them. They cause crisis among them; divide and rule. That is the pattern of IOCs, particularly Shell.”

According to the governor, the mistakes found with the act establishing the Niger Delta Development Commission (NDDC) should be avoided because it did not specify what projects the Commission should embark on in the Niger Delta.

“This same thing that has happened to the Niger Delta Development Commission (NDDC) should not happen to the issues of host communities in PIB.

“If in the NDDC act, they were able to tie the money that will be coming to specific projects, it would have developed the people of Niger Delta. And you won’t be having people fainting at the National Assembly.

“NDDC will leave their job and begin to buy vehicles for police, army, and asphalting barracks. Is it what NDDC is meant to do? That is where we have lost it.”

Speaking further, the governor emphasised the need for the bill when passed, to be signed and not go the way of the Electoral bill that the president refused to assent it.

“I hope this bill will also not be like the Electoral Act, after you pass it, they’ll keep it for months. Later they’ll say they can’t assent to it.

“Then the presidency will throw it back to you and you will keep quiet. That will then show that what you’re doing is only for the interest of your party and not the interest of Nigeria.

“Otherwise, you’ll insist that it is signed. I hope you’ll have the courage to do what is right and this is the time that Nigerians require you to be strong, firm, and do what will move this country forward.”

In his speech, the Deputy Chairman of the National Assembly Committee who led the delegation, Mr. Victor Nwokolo Onyemaechi said the committee was in Rivers State to have a town hall meeting with stakeholders to resolve issues of what should be allocated to host communities in the PIB.

“A lot of people have been misinformed about the issue of host communities. Some have said that host communities are related to hostility of the producing communities. But with what they have seen today and in the last four days, have shown to be negative. It has proved negative in the sense that we walked round over 800 meters about three days ago and they saw that even in dry season, we have to use wood as bridge to get to where Shell is exploring and making all their money.

“They also saw the impact of Shell petroleum operation to people’s means of livelihood where their farmland were burnt and palm trees were burnt to ashes. They can feel it and they can see it.

“Today is not a different story. What we saw today is that a community that is known for fishing, as their means of livelihood, has been brought to a standstill. The boats were there, over 40, 50 boats, lying idle because their water has been fully polluted.

The chairman of the committee also commended Governor Wike for the rapid infrastructural transformation ongoing in Rivers State.

TagsNDDCNyesom Wike
Previous Article

COVID-19 kills more African men than women ...

Next Article

COVID-19: Governors, deputies to be inoculated publicly ...

Related articles More from author

  • Wike
    Videos

    Education is free in Rivers, Don’t impose fees on pupils, students – Wike

    November 24, 2020
    By Admin
  • Local News

    Udom declares for second term amid huge crowd; Wike, Nkanga urge continuity

    August 24, 2018
    By Admin
  • Local News

    Rivers: Let people’s will prevail; Obi tells INEC

    April 2, 2019
    By Admin
  • Edo
    Breaking NewsLocal News

    Lockdown: Impounded vehicles must be auctioned, defaulter tried in Mobile Courts – Wike

    May 8, 2020
    By Admin
  • Wike
    Breaking NewsCommentaries

    Watch out! Wike is coming

    September 26, 2020
    By Admin
  • Local News

    APC put Nigeria in coma, only PDP can save her – Wike

    January 25, 2018
    By Admin

You may be interested

  • Local News

    Ebola Kills ECOWAS Staff in Lagos, Death Toll Now Three

  • Local News

    COVID-19: Lagosians disappointed me – Sanwo-Olu, mulls another lockdown

  • Judge
    Local News

    Our substantial records are intact, Lagos Chief Judge reacts to attack on Nigeria’s oldest Court

Fidelity Advert
  • LATEST REVIEWS

  • TOP REVIEWS

  • NDIC Pays N1.45bn to Over 16,000 Depositors of 34 Closed DMBs in 2017– Report

    0
  • Gboko killings: Police DPO under interrogation, others arrested —CP

  • NSE market indices drop by 1.64% after Christmas holidays

    0

    Timeline

    • April 14, 2021

      JUSUN strike: Govs are not against financial autonomy for the judiciary – Lalong

    • April 14, 2021

      HIV/AIDS: 1.2 mn Nigerians currently under treatment for life – US Consul reveals

    • April 14, 2021

      France-Nigeria bilateral trade volume drops by $2.2b dollar in 2020 – French Minister

    • April 14, 2021

      Nigeria To Receive Six Super Tucanos Combat Aircraft In Mid-July – Presidency

    • April 14, 2021

      Zamfara First Lady Secures Political Appointment For 20 Miyetti Allah Members

    Latest Comments

    • Justopec
      on
      April 24, 2017
      Good one for the NPF.

      Police foil another suicide bomb attempt in Borno, kill three bombers

    • Justice Shedrack
      on
      April 24, 2017
      Nice

      Police foil another suicide bomb attempt in Borno, kill three bombers

    • Anonymouse
      on
      February 8, 2017
      This is nice...

      Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

    • Justice Shedrack
      on
      January 19, 2017
      Na wa ooooo

      Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal

    • Taje
      on
      November 10, 2016
      It's true. Debrecen looks like africa and not europe. Too much "blackness"

      Exclusive: Nigeria Has Highest Number of International Students in Hungarian University, Says Ambassador Yunusa

    logo

    Political Economist is a liberal news magazine with global affiliations.

    We promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists...

    About us

    • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
    • +234 805 680 1124
    • info@politicaleconomistng.com
    • Recent

    • Popular

    • Comments

    • NGF

      JUSUN strike: Govs are not against financial autonomy for the judiciary – Lalong

      By Admin
      April 14, 2021
    • AIDS

      HIV/AIDS: 1.2 mn Nigerians currently under treatment for life – US Consul reveals

      By Admin
      April 14, 2021
    • France-Nigeria bilateral trade volume drops by $2.2b dollar in 2020 – French Minister

      By Admin
      April 14, 2021
    • presidency

      Nigeria To Receive Six Super Tucanos Combat Aircraft In Mid-July – Presidency

      By Admin
      April 14, 2021
    • Jonathan Sacks IGP Abba, Appoints Arase

      By Admin
      April 21, 2015
    • Zinox iPower Inverter Claws to Market Dominance

      By Admin
      November 24, 2014
    • Police foil another suicide bomb attempt in Borno, kill three bombers

      By Admin
      April 24, 2017
    • Your Kidney is Your Life, Watch Your Lifestyle, Counsels Dr. Amira

      By Admin
      February 27, 2015
    • Justopec
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Good one for the ...
    • Justice Shedrack
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Nice
    • Anonymouse
      on
      February 8, 2017

      Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

      This is nice...
    • Justice Shedrack
      on
      January 19, 2017

      Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal

      Na wa ooooo

    Find us on Facebook

    Follow us

    • Home
    • About us
    • Contact us
    • Privacy Policy
    © Copyright Political Economist. All rights reserved.