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Speaking at the announcement of fund managers for Host Community Trust Funds on July 21, 2023 in Abuja, NUPRC’s Assistant Director, Host Communities Department, Olatokunbo Karimu, said from the 61 fully incorporated Host Community Development Trusts (HCDTs) in the industry, The Shell Petroleum Development Company of Nigeria  (SPDC) with its joint venture partners has the highest number of fully incorporated HCDTs of 23 followed by Agip with 13 while  Newcross Petroleum has seven in the third position.

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