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    Tag: Oil

    Nov 13
    Nigeria House of Representatives Launch Probe into Oil Firms’ Failure to Fund Host Communities

    The House of Representatives has ordered an investigation into oil and gas companies that have failed to remit the mandatory three per cent of their annual operating expenses to the Host Communities Development Trust Fund, as stipulated by the Petroleum Industry Act (PIA). The decision followed a motion by Hon. Hart Cyril Godwin, who accused […]